Streamlining Healthcare Solutions (NASDAQ:STRM) coverage initiated by analysts at StockNews.com

StockNews.com has begun coverage of the stock Optimize Health Solutions (NASDAQ:STRM – Free Report) in a research report published on Friday morning. The brokerage issued a sell rating on the stock.

Health solutions stock rationalization by 3.0%

NASDAQ STRM opened at $0.54 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76, and a debt-to-equity ratio of 0.62. Streamline Health Solutions has a fifty-two week low of $0.21 and a fifty-two week high of $1.30. The company has a 50 day moving average price of $0.50 and a two hundred day moving average price of $0.45. The stock has a market cap of $33.50 million, a PE ratio of -1.69 and a beta of 1.60.

Streamline Health Solutions (NASDAQ:STRM – Get Your Free Report ) last released its quarterly earnings results on Tuesday, June 11th. The company reported ($0.05) earnings per share for the quarter. Streamline Health Solutions had a negative net margin of 85.83% and a negative return on equity of 35.69%. The firm had revenue of $4.33 million for the quarter.

Institutional inputs and outputs

A hedge fund recently bought a new stake in shares of Streamline Health Solutions. Mesirow Financial Investment Management Inc. bought a new stake in Streamline Health Solutions, Inc. (NASDAQ:STRM – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 123,900 shares of the company’s stock, valued at approximately $59,000. Mesirow Financial Investment Management Inc. owned approximately 0.21% of Streamline Health Solutions as of its most recent SEC filing. Institutional investors own 31.74% of the company’s shares.

About Streamline Health Solutions

(Get a free report)

Streamline Health Solutions, Inc provides healthcare information technology solutions and related services to hospitals and health systems in the United States and Canada. The company offers RevID, an automated revenue reconciliation software; eValuator, a code analysis platform; data comparison engine; coding and clinical documentation improvement (CDI) solutions, including CDI, summaries and physician query; and financial management solutions such as accounts receivable management, denial management, claims processing, expense management and audit management.

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