Streamline Health Solutions (NASDAQ:STRM) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Streamline Health Solutions (NASDAQ:STRM) in a research report report published on Wednesday morning. The brokerage issued a sell rating on the stock.

Streamline Health Solutions Price Performance

Streamline Health Solutions stock opened at $0.34 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.61 and a quick ratio of 0.61. The business’s fifty day simple moving average is $0.47 and its two-hundred day simple moving average is $0.42. Streamline Health Solutions has a 12 month low of $0.21 and a 12 month high of $1.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Nicholas Hoffman & Company LLC. lifted its holdings 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 purchasing an additional 72,993 shares in the last quarter. Perkins Capital Management Inc. lifted its holdings in shares of Streamline Health Solutions by 33.7% during the fourth 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 in the last quarter. Austin Wealth Management LLC bought a new position in shares of Streamline Health Solutions during the third quarter valued at $453,000. Cerity Partners LLC bought a new position in shares of Streamline Health Solutions during the fourth quarter valued at $128,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Streamline Health Solutions by 1.6% during the third quarter. Vanguard Group Inc. now owns 1,688,305 shares of the company’s stock valued at $1,633,000 after purchasing an additional 26,201 shares in the last quarter. 31.74% of the stock is owned by institutional investors.

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.