Stock analysts at StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM – Get Rating) in a note issued to investors on Saturday. The brokerage set a "sell" rating on the stock.
Several other equities research analysts have also commented on STRM. TheStreet lowered shares of Streamline Health Solutions from a "c-" rating to a "d+" rating in a research report on Friday, June 10th. Lake Street Capital assumed coverage on shares of Streamline Health Solutions in a report on Friday, May 20th. They issued a "buy" rating and a $3.00 target price for the company.
Get Streamline Health Solutions alerts:Streamline Health Solutions Price Performance
STRM opened at $1.57 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 stock has a market capitalization of $76.62 million, a P/E ratio of -6.83 and a beta of 0.79. The company's 50-day simple moving average is $1.55 and its two-hundred day simple moving average is $1.44. Streamline Health Solutions has a 52-week low of $1.04 and a 52-week high of $1.88.
Streamline Health Solutions (NASDAQ:STRM – Get Rating) last posted its earnings results on Wednesday, September 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.07). Streamline Health Solutions had a negative net margin of 44.28% and a negative return on equity of 31.61%.Institutional Investors Weigh In On Streamline Health Solutions
Several hedge funds and other institutional investors have recently added to or reduced their stakes in STRM. Vanguard Group Inc. increased its holdings in Streamline Health Solutions by 31.3% in the 1st quarter. Vanguard Group Inc. now owns 1,499,359 shares of the company's stock worth $2,399,000 after acquiring an additional 357,200 shares in the last quarter. Nicholas Hoffman & Company LLC. grew its holdings in Streamline Health Solutions by 118.5% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 184,378 shares of the company's stock valued at $295,000 after buying an additional 100,000 shares in the last quarter. HighTower Advisors LLC grew its holdings in Streamline Health Solutions by 46.2% during the 1st quarter. HighTower Advisors LLC now owns 95,050 shares of the company's stock valued at $152,000 after buying an additional 30,050 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in Streamline Health Solutions during the 2nd quarter valued at approximately $31,000. 34.61% of the stock is owned by hedge funds and other institutional investors.
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.
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