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

Streamline Health Solutions (NASDAQ:STRMGet Rating) posted its earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.06), MarketWatch Earnings reports. Streamline Health Solutions had a negative net margin of 53.81% and a negative return on equity of 30.22%. During the same quarter in the previous year, the company posted ($0.05) EPS.

Shares of NASDAQ:STRM traded up $0.17 during mid-day trading on Thursday, reaching $1.57. The company had a trading volume of 112,868 shares, compared to its average volume of 50,922. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. The firm has a market cap of $74.50 million, a price-to-earnings ratio of -7.83 and a beta of 0.77. The company’s 50-day moving average price is $1.48 and its 200-day moving average price is $1.50. Streamline Health Solutions has a one year low of $1.22 and a one year high of $2.29.

A number of research firms recently commented on STRM. StockNews.com began coverage on shares of Streamline Health Solutions in a report on Wednesday. They issued a “sell” rating on the stock. Colliers Securities reaffirmed a “buy” rating on shares of Streamline Health Solutions in a report on Tuesday, March 22nd.

An institutional investor recently bought a new position in Streamline Health Solutions stock. Millennium Management LLC acquired a new stake in Streamline Health Solutions, Inc. (NASDAQ:STRMGet Rating) in the second quarter, according to its most recent filing with the SEC. The fund acquired 82,136 shares of the company’s stock, valued at approximately $145,000. Millennium Management LLC owned approximately 0.19% of Streamline Health Solutions at the end of the most recent quarter. 35.98% of the stock is owned by institutional investors and hedge funds.

Streamline Health Solutions Company Profile (Get Rating)

Streamline Health Solutions, Inc provides health information technology solutions and associated services for hospitals and health systems in the United States and Canada. It provides computer software-based solutions and auditing services, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights.

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Earnings History for Streamline Health Solutions (NASDAQ:STRM)

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