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

StockNews.com started coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a report released on Saturday. The firm issued a sell rating on the stock.

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

Streamline Health Solutions Price Performance

NASDAQ STRM opened at $2.70 on Friday. The company has a 50-day moving average price of $3.81 and a two-hundred day moving average price of $5.59. Streamline Health Solutions has a 52 week low of $1.85 and a 52 week high of $9.75. The stock has a market cap of $11.39 million, a price-to-earnings ratio of -0.49 and a beta of 1.64. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66.

Streamline Health Solutions (NASDAQ:STRM) last issued its quarterly earnings data on Wednesday, September 11th. The company reported ($0.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.60) by ($0.15). The business had revenue of $4.48 million during the quarter. Streamline Health Solutions had a negative return on equity of 44.85% and a negative net margin of 92.72%.

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.