Streamline Health Solutions Inc. (NASDAQ:STRM)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $0.99 and last traded at $1.01, with a volume of 1400 shares. The stock had previously closed at $1.06.
Separately, ValuEngine upgraded Streamline Health Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, July 12th.
The stock has a market cap of $23.65 million, a price-to-earnings ratio of -6.25 and a beta of -0.33. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.67 and a quick ratio of 0.67.
Streamline Health Solutions (NASDAQ:STRM) last released its earnings results on Tuesday, September 11th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.06). The company had revenue of $5.27 million for the quarter. Streamline Health Solutions had a negative net margin of 8.53% and a negative return on equity of 20.43%. On average, analysts expect that Streamline Health Solutions Inc. will post -0.13 EPS for the current fiscal year.
An institutional investor recently raised its position in Streamline Health Solutions stock. BlackRock Inc. boosted its stake in shares of Streamline Health Solutions Inc. (NASDAQ:STRM) by 13.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 425,385 shares of the company’s stock after purchasing an additional 49,542 shares during the period. BlackRock Inc. owned about 2.12% of Streamline Health Solutions worth $600,000 at the end of the most recent quarter. 37.50% of the stock is owned by institutional investors.
Streamline Health Solutions Company Profile (NASDAQ:STRM)
Streamline Health Solutions, Inc provides health information technology solutions and services for hospitals and health systems in the United States and Canada. It provides software-based solutions and auditing services, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights to its clients.
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