Streamline Health Solutions (NASDAQ:STRM) Downgraded to “Strong Sell” at ValuEngine

ValuEngine downgraded shares of Streamline Health Solutions (NASDAQ:STRM) from a sell rating to a strong sell rating in a research report released on Sunday, December 31st.

Separately, Zacks Investment Research raised Streamline Health Solutions from a hold rating to a buy rating and set a $1.50 price objective for the company in a research note on Wednesday, September 27th.

Shares of Streamline Health Solutions (STRM) opened at $1.66 on Friday. The firm has a market capitalization of $33.17, a price-to-earnings ratio of -7.90 and a beta of 0.06. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75. Streamline Health Solutions has a one year low of $0.85 and a one year high of $2.82.

Several institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC boosted its position in shares of Streamline Health Solutions by 17.8% in the first quarter. Renaissance Technologies LLC now owns 278,895 shares of the company’s stock worth $284,000 after buying an additional 42,195 shares during the period. First Light Asset Management LLC boosted its position in shares of Streamline Health Solutions by 8.3% in the second quarter. First Light Asset Management LLC now owns 1,771,550 shares of the company’s stock worth $1,896,000 after buying an additional 135,605 shares during the period. Finally, Kennedy Capital Management Inc. boosted its position in shares of Streamline Health Solutions by 43.7% in the second quarter. Kennedy Capital Management Inc. now owns 534,176 shares of the company’s stock worth $572,000 after buying an additional 162,521 shares during the period. 35.88% of the stock is owned by institutional investors and hedge funds.

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Streamline Health Solutions Company Profile

Streamline Health Solutions, Inc is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial, Coding and Clinical Documentation Improvement (CDI), and other Workflow software applications, and the use of such applications by software as a service.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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