Streamline Health Solutions (NASDAQ:STRM) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report published on Monday morning. The brokerage issued a sell rating on the stock.

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

Streamline Health Solutions Stock Performance

Shares of STRM opened at $3.17 on Monday. The firm has a market capitalization of $13.38 million, a PE ratio of -0.64 and a beta of 1.64. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. The firm has a 50-day moving average price of $2.78 and a 200 day moving average price of $5.44. Streamline Health Solutions has a 52-week low of $1.85 and a 52-week high of $9.75.

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

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.