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

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note released on Thursday morning. The brokerage issued a sell rating on the stock.

Streamline Health Solutions Stock Performance

STRM stock opened at $0.29 on Thursday. The business’s fifty day moving average price is $0.44 and its two-hundred day moving average price is $0.40. Streamline Health Solutions has a fifty-two week low of $0.21 and a fifty-two week high of $1.74. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.48.

Institutional Trading of Streamline Health Solutions

Institutional investors have recently modified their holdings of the stock. Mesirow Financial Investment Management Inc. acquired a new position in Streamline Health Solutions in the first quarter valued at about $59,000. Cerity Partners LLC bought a new position in Streamline Health Solutions in the fourth quarter valued at approximately $128,000. Nicholas Hoffman & Company LLC. boosted its holdings in shares of Streamline Health Solutions by 10.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after purchasing an additional 72,993 shares in the last quarter. Austin Wealth Management LLC increased its stake in shares of Streamline Health Solutions by 100.2% in the 4th 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 last quarter. Finally, Perkins Capital Management Inc. boosted its stake 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. 31.74% of the stock is currently owned by institutional investors.

About Streamline Health Solutions

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.