Streamline Health Solutions (NASDAQ:STRM – Get Rating) released its quarterly earnings results on Wednesday. The company reported ($0.07) EPS for the quarter, meeting the consensus estimate of ($0.07), Fidelity Earnings reports. Streamline Health Solutions had a negative net margin of 44.28% and a negative return on equity of 31.61%.
Streamline Health Solutions Price Performance
STRM opened at $1.67 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.91. The firm's 50-day moving average price is $1.54 and its 200 day moving average price is $1.44. Streamline Health Solutions has a twelve month low of $1.04 and a twelve month high of $1.88.
Get Streamline Health Solutions alerts:Analysts Set New Price Targets
Several equities analysts recently commented on the stock. StockNews.com assumed coverage on shares of Streamline Health Solutions in a research report on Friday, September 2nd. They issued a "sell" rating for the company. Lake Street Capital began coverage on shares of Streamline Health Solutions in a research report on Friday, May 20th. They issued a "buy" rating and a $3.00 price objective for the company. Finally, TheStreet lowered shares of Streamline Health Solutions from a "c-" rating to a "d+" rating in a research report on Friday, June 10th.
Hedge Funds Weigh In On Streamline Health Solutions
Several institutional investors and hedge funds have recently bought and sold shares of the company. HighTower Advisors LLC raised its stake in shares of Streamline Health Solutions by 46.2% in the 1st quarter. HighTower Advisors LLC now owns 95,050 shares of the company's stock valued at $152,000 after acquiring an additional 30,050 shares during the period. Vanguard Group Inc. increased its stake in Streamline Health Solutions by 31.3% during the 1st quarter. Vanguard Group Inc. now owns 1,499,359 shares of the company's stock worth $2,399,000 after buying an additional 357,200 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in Streamline Health Solutions during the 2nd quarter worth approximately $31,000. 34.61% of the stock is currently owned by institutional investors and hedge funds.About Streamline Health Solutions
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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. It provides computer software-based solutions, professional consulting, and auditing and coding services, which capture, aggregate, and translate structured and unstructured data to deliver predictive insights.
Further Reading
- Get a free copy of the StockNews.com research report on Streamline Health Solutions (STRM)
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