Streamline Health Solutions, Inc. (NASDAQ:STRM – Get Rating) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 103,200 shares, an increase of 17.1% from the June 30th total of 88,100 shares. Based on an average daily volume of 34,100 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.3% of the company’s stock are short sold.
Streamline Health Solutions Stock Performance
Shares of STRM opened at $1.65 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $80.55 million, a price-to-earnings ratio of -10.31 and a beta of 0.81. The stock has a 50 day moving average of $1.34 and a 200 day moving average of $1.39. Streamline Health Solutions has a 12 month low of $1.04 and a 12 month high of $1.88.
Streamline Health Solutions (NASDAQ:STRM – Get Rating) last issued its quarterly earnings results on Wednesday, June 8th. The company reported ($0.06) EPS for the quarter. The business had revenue of $5.94 million for the quarter. Streamline Health Solutions had a negative net margin of 35.29% and a negative return on equity of 22.28%.
Wall Street Analyst Weigh In
Institutional Trading of Streamline Health Solutions
A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Streamline Health Solutions by 31.3% in the first quarter. Vanguard Group Inc. now owns 1,499,359 shares of the company’s stock worth $2,399,000 after buying an additional 357,200 shares during the last quarter. HighTower Advisors LLC increased its position in Streamline Health Solutions by 46.2% in the first quarter. HighTower Advisors LLC now owns 95,050 shares of the company’s stock worth $152,000 after buying an additional 30,050 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. increased its position in Streamline Health Solutions by 118.5% in the first quarter. Nicholas Hoffman & Company LLC. now owns 184,378 shares of the company’s stock worth $295,000 after buying an additional 100,000 shares during the last quarter. 40.83% of the stock is owned by hedge funds and other institutional investors.
Streamline Health Solutions Company Profile
Streamline Health Solutions, Inc offers health information technology solutions and associated services for hospitals and health systems in the United States and Canada. It provides computer software-based solutions, professional consulting, and auditing and coding services, which capture, aggregate, and translate structured and unstructured data to deliver predictive insights.
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