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

Analysts at StockNews.com initiated coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

Streamline Health Solutions Price Performance

STRM opened at $0.34 on Wednesday. The stock has a 50-day moving average price of $0.46 and a 200-day moving average price of $0.42. Streamline Health Solutions has a 12-month low of $0.21 and a 12-month high of $1.85. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $20.00 million, a P/E ratio of -1.00 and a beta of 1.18.

Institutional Investors Weigh In On Streamline Health Solutions

Several institutional investors have recently bought and sold shares of STRM. Cerity Partners LLC purchased a new stake in Streamline Health Solutions during the 4th quarter valued at about $128,000. Nicholas Hoffman & Company LLC. boosted its holdings in Streamline Health Solutions by 10.9% during the 4th 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 period. Austin Wealth Management LLC boosted its holdings in Streamline Health Solutions by 100.2% during the 4th quarter. Austin Wealth Management LLC now owns 935,519 shares of the company’s stock valued at $402,000 after acquiring an additional 468,242 shares during the period. Perkins Capital Management Inc. boosted its holdings in Streamline Health Solutions by 33.7% during the 4th quarter. Perkins Capital Management Inc. now owns 1,999,405 shares of the company’s stock valued at $850,000 after acquiring an additional 504,000 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Streamline Health Solutions by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after acquiring an additional 26,201 shares during the period. 31.74% of the stock is currently 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. 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.