Streamline Health Solutions (NASDAQ:STRM) Now Covered by StockNews.com

Equities researchers at StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research report issued on Wednesday. The brokerage set a “sell” rating on the stock.

Streamline Health Solutions Stock Performance

STRM opened at $0.34 on Wednesday. The business has a fifty day simple moving average of $0.46 and a 200 day simple moving average of $0.42. The company has a market capitalization of $20.00 million, a PE ratio of -1.00 and a beta of 1.18. Streamline Health Solutions has a 1 year low of $0.21 and a 1 year high of $1.85. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.61 and a quick ratio of 0.61.

Institutional Trading of Streamline Health Solutions

Institutional investors have recently modified their holdings of the stock. Cerity Partners LLC bought a new stake in shares of Streamline Health Solutions during the 4th quarter valued at $128,000. Nicholas Hoffman & Company LLC. lifted its position in shares of Streamline Health Solutions by 10.9% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after acquiring an additional 72,993 shares during the period. Austin Wealth Management LLC lifted its position in shares of Streamline Health Solutions by 100.2% during the 4th quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock valued at $402,000 after acquiring an additional 468,242 shares during the period. Perkins Capital Management Inc. lifted its position in shares of Streamline Health Solutions by 33.7% during the 4th quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock valued at $850,000 after acquiring an additional 504,000 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Streamline Health Solutions by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after acquiring an additional 26,201 shares during the period. 31.74% of the stock is currently owned by institutional investors.

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.