Streamline Health Solutions (NASDAQ:STRM) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note issued on Tuesday. The firm set a “sell” rating on the stock.

Streamline Health Solutions Price Performance

Shares of STRM opened at $0.34 on Tuesday. The company has a market cap of $20.00 million, a price-to-earnings ratio of -1.00 and a beta of 1.18. Streamline Health Solutions has a twelve month low of $0.21 and a twelve month high of $1.85. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average of $0.48 and a two-hundred day moving average of $0.44.

Institutional Investors Weigh In On Streamline Health Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Perkins Capital Management Inc. increased its holdings in Streamline Health Solutions by 33.7% in the fourth quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock valued at $850,000 after buying an additional 504,000 shares in the last quarter. Austin Wealth Management LLC grew its position in shares of Streamline Health Solutions by 100.2% in the fourth quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock valued at $402,000 after purchasing an additional 468,242 shares during the period. Vanguard Group Inc. grew its position in shares of Streamline Health Solutions by 31.3% in the first quarter. Vanguard Group Inc. now owns 1,499,359 shares of the company’s stock valued at $2,399,000 after purchasing an additional 357,200 shares during the period. UBS Group AG acquired a new stake in shares of Streamline Health Solutions in the first quarter valued at about $610,000. Finally, Cerity Partners LLC acquired a new stake in shares of Streamline Health Solutions in the fourth quarter valued at about $128,000. 31.74% of the stock is currently owned by institutional investors and hedge funds.

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. The company offers RevID, an automated revenue reconciliation software; eValuator, a coding analysis platform; data comparison engine; coding and clinical documentation improvement (CDI) solutions, including CDI, abstracting, and physician query; and financial management solutions, such as accounts receivable management, denials management, claims processing, spend management, and audit management.