StockNews.com Initiates Coverage on Streamline Health Solutions (NASDAQ:STRM)

Analysts at StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report released on Sunday. The brokerage set a “sell” rating on the stock.

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

Streamline Health Solutions Stock Down 4.1 %

STRM opened at $2.58 on Friday. The firm has a market capitalization of $10.90 million, a P/E ratio of -0.52 and a beta of 1.64. Streamline Health Solutions has a one year low of $1.85 and a one year high of $9.75. The company has a fifty day moving average price of $3.26 and a 200-day moving average price of $5.51. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61.

Streamline Health Solutions (NASDAQ:STRM) last announced its earnings results on Wednesday, September 11th. The company reported ($0.75) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.60) by ($0.15). Streamline Health Solutions had a negative return on equity of 44.85% and a negative net margin of 92.72%. The business 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.