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 for the quarter, Zacks reports. Streamline Health Solutions had a negative return on equity of 44.85% and a negative net margin of 92.72%.

Streamline Health Solutions Price Performance

STRM opened at $3.39 on Tuesday. Streamline Health Solutions has a 12-month low of $1.85 and a 12-month high of $9.75. The firm has a market capitalization of $14.32 million, a P/E ratio of -0.68 and a beta of 1.67. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. The stock has a fifty day moving average of $2.67 and a 200-day moving average of $5.17.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on STRM. Craig Hallum raised 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 Thursday, December 12th. They set a “sell” rating for the company.

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.