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

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

Streamline Health Solutions Price Performance

Shares of Streamline Health Solutions stock remained flat at $0.29 during trading on Thursday. The company had a trading volume of 239,497 shares, compared to its average volume of 76,071. Streamline Health Solutions has a 1 year low of $0.21 and a 1 year high of $1.74. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.61 and a quick ratio of 0.61. The stock has a fifty day moving average of $0.44 and a 200 day moving average of $0.40. The stock has a market cap of $19.02 million, a PE ratio of -0.91 and a beta of 1.30.

Institutional Trading of Streamline Health Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Mesirow Financial Investment Management Inc. purchased a new position in Streamline Health Solutions during the first quarter worth about $59,000. Cerity Partners LLC purchased a new position in Streamline Health Solutions in the fourth quarter valued at approximately $128,000. Nicholas Hoffman & Company LLC. lifted its position in Streamline Health Solutions by 10.9% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 740,983 shares of the company’s stock valued at $315,000 after buying an additional 72,993 shares in the last quarter. Austin Wealth Management LLC grew its stake in Streamline Health Solutions by 100.2% during the fourth quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock worth $402,000 after buying an additional 468,242 shares during the period. Finally, Perkins Capital Management Inc. increased its position in shares of Streamline Health Solutions by 33.7% in the fourth quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock worth $850,000 after acquiring an additional 504,000 shares in the last quarter. 31.74% of the stock is owned by hedge funds and other institutional investors.

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.