StockNews.com Begins Coverage on Streamline Health Solutions (NASDAQ:STRM)

Analysts at StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report released on Friday. The firm set a “sell” rating on the stock.

Streamline Health Solutions Stock Performance

NASDAQ STRM opened at $0.34 on Friday. The firm has a market cap of $21.93 million, a P/E ratio of -1.05 and a beta of 1.30. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average is $0.43 and its 200-day moving average is $0.40. Streamline Health Solutions has a 12-month low of $0.21 and a 12-month high of $1.72.

Hedge Funds Weigh In On Streamline Health Solutions

A number of large investors have recently made changes to their positions in the stock. Mesirow Financial Investment Management Inc. bought a new stake in shares of Streamline Health Solutions during the 1st quarter valued at $59,000. Cerity Partners LLC bought a new stake in shares of Streamline Health Solutions during the fourth quarter valued at about $128,000. Austin Wealth Management LLC purchased a new stake in shares of Streamline Health Solutions in the third quarter worth about $453,000. Nicholas Hoffman & Company LLC. grew its stake in Streamline Health Solutions by 10.9% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after acquiring an additional 72,993 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Streamline Health Solutions by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock worth $1,633,000 after acquiring an additional 26,201 shares during the period. 31.74% of the stock is 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.