Streamline Health Solutions (NASDAQ:STRM) Announces Quarterly Earnings Results

Streamline Health Solutions (NASDAQ:STRM) released its earnings results on Wednesday. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01), Yahoo Finance reports. Streamline Health Solutions had a negative net margin of 85.83% and a negative return on equity of 35.69%.

Streamline Health Solutions Stock Performance

Shares of STRM opened at $0.48 on Thursday. The firm’s 50 day moving average is $0.50 and its 200-day moving average is $0.45. The stock has a market capitalization of $29.89 million, a P/E ratio of -1.51 and a beta of 1.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.76 and a quick ratio of 0.76. Streamline Health Solutions has a 12-month low of $0.21 and a 12-month high of $1.02.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on STRM shares. Craig Hallum raised shares of Streamline Health Solutions to a “strong-buy” rating in a research note on Thursday, September 5th. StockNews.com started coverage on shares of Streamline Health Solutions in a research note on Saturday, September 7th. They issued a “sell” rating on the stock.

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.