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

StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note issued to investors on Tuesday. The firm issued a sell rating on the stock.

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

Streamline Health Solutions Trading Down 5.8 %

NASDAQ:STRM opened at $2.62 on Tuesday. Streamline Health Solutions has a 12 month low of $1.85 and a 12 month high of $9.75. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average price of $2.62 and a 200-day moving average price of $5.32. The stock has a market cap of $11.06 million, a price-to-earnings ratio of -0.56 and a beta of 1.64.

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

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.