Shares of Streamline Health Solutions, Inc. (NASDAQ:STRM) saw strong trading volume on Wednesday . 4,567,068 shares traded hands during trading, an increase of 7,182% from the previous session’s volume of 62,717 shares.The stock last traded at $2.69 and had previously closed at $1.53.

Separately, Zacks Investment Research raised shares of Streamline Health Solutions from a “hold” rating to a “buy” rating and set a $1.50 price target for the company in a report on Wednesday, September 27th.

The stock’s market capitalization is $34.51 million. The firm has a 50 day moving average price of $1.40 and a 200 day moving average price of $1.22.

Streamline Health Solutions (NASDAQ:STRM) last announced its earnings results on Wednesday, September 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.03. Streamline Health Solutions had a negative net margin of 24.50% and a negative return on equity of 56.04%. The business had revenue of $5.92 million during the quarter, compared to analyst estimates of $6.54 million. On average, analysts forecast that Streamline Health Solutions, Inc. will post ($0.25) earnings per share for the current year.

Institutional investors have recently made changes to their positions in the business. Kennedy Capital Management Inc. lifted its position in Streamline Health Solutions by 43.7% during the second quarter. Kennedy Capital Management Inc. now owns 534,176 shares of the company’s stock valued at $572,000 after purchasing an additional 162,521 shares during the last quarter. Renaissance Technologies LLC lifted its position in Streamline Health Solutions by 17.8% during the first quarter. Renaissance Technologies LLC now owns 278,895 shares of the company’s stock valued at $284,000 after purchasing an additional 42,195 shares during the last quarter. Finally, First Light Asset Management LLC lifted its position in Streamline Health Solutions by 8.3% during the second quarter. First Light Asset Management LLC now owns 1,771,550 shares of the company’s stock valued at $1,896,000 after purchasing an additional 135,605 shares during the last quarter. Institutional investors and hedge funds own 37.93% of the company’s stock.

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About Streamline Health Solutions

Streamline Health Solutions, Inc is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial, Coding and Clinical Documentation Improvement (CDI), and other Workflow software applications, and the use of such applications by software as a service.

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