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

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

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

Streamline Health Solutions Trading Down 1.0 %

Shares of Streamline Health Solutions stock opened at $3.12 on Tuesday. The stock has a market capitalization of $13.17 million, a PE ratio of -0.63 and a beta of 1.64. The stock has a 50 day moving average price of $2.61 and a two-hundred day moving average price of $5.37. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. Streamline Health Solutions has a 52 week low of $1.85 and a 52 week high of $9.75.

Streamline Health Solutions (NASDAQ:STRM) last posted its earnings results on Wednesday, September 11th. The company reported ($0.75) EPS for the quarter, missing the consensus estimate 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 for the quarter.

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.