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

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the stock.

Separately, Craig Hallum raised Streamline Health Solutions to a “strong-buy” rating in a report on Thursday, September 5th.

Streamline Health Solutions Trading Up 3.1 %

Shares of Streamline Health Solutions stock opened at $2.30 on Friday. The stock has a market capitalization of $9.71 million, a P/E ratio of -0.46 and a beta of 1.60. Streamline Health Solutions has a 12-month low of $1.85 and a 12-month high of $9.75. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. The company has a 50-day simple moving average of $3.93 and a 200 day simple moving average of $5.60.

Streamline Health Solutions (NASDAQ:STRM) last announced its earnings results on Wednesday, September 11th. The company reported ($0.75) EPS for the quarter, missing the consensus estimate of ($0.60) by ($0.15). Streamline Health Solutions had a negative return on equity of 44.85% and a negative net margin of 92.72%. The business had revenue of $4.48 million during the quarter.

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.