Streamline Health Solutions (NASDAQ:STRM – Get Rating) was downgraded by equities research analysts at TheStreet from a “c-” rating to a “d+” rating in a report released on Friday, TheStreetRatingsTable reports.
Several other equities research analysts have also weighed in on the company. StockNews.com assumed coverage on Streamline Health Solutions in a research report on Tuesday. They set a “sell” rating on the stock. Lake Street Capital initiated coverage on Streamline Health Solutions in a research note on Friday, May 20th. They issued a “buy” rating and a $3.00 price objective for the company. Finally, Colliers Securities reiterated a “buy” rating on shares of Streamline Health Solutions in a report on Tuesday, March 22nd.
Shares of STRM opened at $1.17 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. Streamline Health Solutions has a 52-week low of $1.13 and a 52-week high of $2.29. The business’s 50 day moving average price is $1.36 and its two-hundred day moving average price is $1.41. The firm has a market cap of $56.28 million, a PE ratio of -7.31 and a beta of 0.79.
Streamline Health Solutions (NASDAQ:STRM – Get Rating) last issued its earnings results on Wednesday, April 27th. The company reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). Streamline Health Solutions had a negative return on equity of 22.28% and a negative net margin of 35.29%. The business had revenue of $6.05 million during the quarter. During the same quarter in the prior year, the business earned ($0.05) EPS.
Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Streamline Health Solutions by 31.3% during the first quarter. Vanguard Group Inc. now owns 1,499,359 shares of the company’s stock worth $2,399,000 after buying an additional 357,200 shares during the period. HighTower Advisors LLC boosted its position in Streamline Health Solutions by 46.2% during the first quarter. HighTower Advisors LLC now owns 95,050 shares of the company’s stock worth $152,000 after acquiring an additional 30,050 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Streamline Health Solutions in the 2nd quarter valued at $145,000. Finally, Nicholas Hoffman & Company LLC. raised its stake in shares of Streamline Health Solutions by 118.5% in the 1st quarter. Nicholas Hoffman & Company LLC. now owns 184,378 shares of the company’s stock valued at $295,000 after acquiring an additional 100,000 shares during the period. Hedge funds and other institutional investors own 40.83% of the company’s stock.
About Streamline Health Solutions (Get Rating)
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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