Streamline Health Solutions Inc. (NASDAQ:STRM) reached a new 52-week low during trading on Thursday . The company traded as low as $0.99 and last traded at $1.01, with a volume of 1400 shares changing hands. The stock had previously closed at $1.06.

Separately, ValuEngine raised Streamline Health Solutions from a “hold” rating to a “buy” rating in a report on Thursday, July 12th.

The company has a debt-to-equity ratio of 0.37, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $23.65 million, a P/E ratio of -6.25 and a beta of -0.33.

Streamline Health Solutions (NASDAQ:STRM) last issued its earnings results on Tuesday, September 11th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.06). Streamline Health Solutions had a negative return on equity of 20.43% and a negative net margin of 8.53%. The firm had revenue of $5.27 million during the quarter. Equities analysts anticipate that Streamline Health Solutions Inc. will post -0.13 EPS for the current fiscal year.

A hedge fund recently raised its stake in Streamline Health Solutions stock. BlackRock Inc. lifted its position in Streamline Health Solutions Inc. (NASDAQ:STRM) by 13.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 425,385 shares of the company’s stock after purchasing an additional 49,542 shares during the quarter. BlackRock Inc. owned about 2.12% of Streamline Health Solutions worth $600,000 at the end of the most recent reporting period. Institutional investors own 37.50% of the company’s stock.

About Streamline Health Solutions (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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