StockNews.com assumed coverage on shares of Streamline Health Solutions (NASDAQ:STRM – Get Rating) in a research report report published on Saturday morning. The firm issued a sell rating on the stock.
Several other equities research analysts have also recently issued reports on the company. Lake Street Capital initiated coverage on Streamline Health Solutions in a report on Friday, May 20th. They issued a buy rating and a $3.00 price objective on the stock. TheStreet cut Streamline Health Solutions from a c- rating to a d+ rating in a report on Friday, June 10th.
Streamline Health Solutions Price Performance
NASDAQ:STRM opened at $1.57 on Friday. Streamline Health Solutions has a 52 week low of $1.04 and a 52 week high of $1.88. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $76.62 million, a PE ratio of -6.83 and a beta of 0.79. The stock’s 50-day moving average price is $1.55 and its 200-day moving average price is $1.44.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Prudential Financial Inc. purchased a new position in Streamline Health Solutions in the 2nd quarter worth approximately $31,000. HighTower Advisors LLC lifted its stake in Streamline Health Solutions by 46.2% in the 1st quarter. HighTower Advisors LLC now owns 95,050 shares of the company’s stock worth $152,000 after purchasing an additional 30,050 shares in the last quarter. Nicholas Hoffman & Company LLC. lifted its stake in Streamline Health Solutions by 118.5% in the 1st quarter. Nicholas Hoffman & Company LLC. now owns 184,378 shares of the company’s stock worth $295,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Streamline Health Solutions by 31.3% in the 1st quarter. Vanguard Group Inc. now owns 1,499,359 shares of the company’s stock worth $2,399,000 after purchasing an additional 357,200 shares in the last quarter. 34.61% of the stock is owned by hedge funds and other 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. 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.
- Get a free copy of the StockNews.com research report on Streamline Health Solutions (STRM)
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