Streamline Health Solutions (NASDAQ:STRM) Now Covered by StockNews.com

Equities researchers at StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Streamline Health Solutions Price Performance

Shares of STRM stock opened at $0.46 on Monday. Streamline Health Solutions has a 52-week low of $0.21 and a 52-week high of $1.90. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.61 and a current ratio of 0.61. The firm has a market capitalization of $27.06 million, a P/E ratio of -1.35 and a beta of 1.18. The stock has a 50 day moving average price of $0.48 and a 200 day moving average price of $0.46.

Institutional Investors Weigh In On Streamline Health Solutions

Institutional investors and hedge funds have recently modified their holdings of the business. HRT Financial LP bought a new stake in Streamline Health Solutions during the 4th quarter valued at $34,000. Prudential Financial Inc. bought a new stake in Streamline Health Solutions during the 2nd quarter valued at $31,000. Dimensional Fund Advisors LP bought a new stake in Streamline Health Solutions during the 1st quarter valued at $56,000. Morgan Stanley raised its position in Streamline Health Solutions by 3,400,000.0% during the 4th quarter. Morgan Stanley now owns 34,001 shares of the company’s stock valued at $54,000 after purchasing an additional 34,000 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in Streamline Health Solutions during the 4th quarter valued at $63,000. 31.74% of the stock is owned by institutional investors.

About Streamline Health Solutions

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.