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

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research note released on Thursday morning. The brokerage issued a sell rating on the stock.

Streamline Health Solutions Stock Up 0.7 %

Shares of STRM stock opened at $0.29 on Thursday. The firm’s 50-day moving average is $0.44 and its two-hundred day moving average is $0.40. Streamline Health Solutions has a 12 month low of $0.21 and a 12 month high of $1.74. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.48.

Institutional Investors Weigh In On Streamline Health Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Perkins Capital Management Inc. lifted its stake in shares of Streamline Health Solutions by 33.7% in the 4th quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock valued at $850,000 after purchasing an additional 504,000 shares during the last quarter. Vanguard Group Inc. lifted its position in Streamline Health Solutions by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after buying an additional 26,201 shares during the last quarter. Austin Wealth Management LLC boosted 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. Nicholas Hoffman & Company LLC. increased its position in shares of 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 acquiring an additional 72,993 shares during the last quarter. Finally, Cerity Partners LLC acquired a new stake in shares of Streamline Health Solutions during the fourth quarter valued at about $128,000. Institutional investors and hedge funds own 31.74% of the company’s stock.

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.