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

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRMFree Report) in a research note issued to investors on Sunday. The firm issued a sell rating on the stock.

Streamline Health Solutions Price Performance

Shares of STRM opened at $0.49 on Friday. The company has a market cap of $28.83 million, a price-to-earnings ratio of -1.44 and a beta of 1.18. Streamline Health Solutions has a 1-year low of $0.21 and a 1-year high of $1.90. The company’s fifty day simple moving average is $0.47 and its 200 day simple moving average is $0.47. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.43.

Hedge Funds Weigh In On Streamline Health Solutions

Several institutional investors and hedge funds have recently modified their holdings of the stock. Austin Wealth Management LLC increased its holdings 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 last quarter. Nicholas Hoffman & Company LLC. lifted its holdings in shares of Streamline Health Solutions by 10.9% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock worth $315,000 after acquiring an additional 72,993 shares during the last quarter. Cerity Partners LLC bought a new position in shares of Streamline Health Solutions in the fourth quarter worth about $128,000. Perkins Capital Management Inc. lifted its holdings in shares of 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 worth $850,000 after acquiring an additional 504,000 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Streamline Health Solutions by 1.6% in the third 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 last quarter. 31.74% of the stock is currently owned by institutional investors and hedge funds.

Streamline Health Solutions Company Profile

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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.

Further Reading

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