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

Streamline Health Solutions (NASDAQ:STRM) issued its earnings results on Monday. The company reported ($0.61) earnings per share (EPS) for the quarter, Zacks reports. Streamline Health Solutions had a negative net margin of 92.72% and a negative return on equity of 44.85%.

Streamline Health Solutions Trading Down 3.1 %

STRM traded down $0.11 during midday trading on Monday, reaching $3.39. 121,979 shares of the company were exchanged, compared to its average volume of 19,442. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The stock has a market capitalization of $14.32 million, a P/E ratio of -0.68 and a beta of 1.67. The stock’s 50-day simple moving average is $2.65 and its 200 day simple moving average is $5.19. Streamline Health Solutions has a one year low of $1.85 and a one year high of $9.75.

Wall Street Analysts Forecast Growth

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

About Streamline Health Solutions

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.