Streamline Health Solutions (NASDAQ:STRM) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, ValuEngine reports.

STRM traded down $0.01 during midday trading on Friday, hitting $1.36. 4,450 shares of the company were exchanged, compared to its average volume of 14,210. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.54. Streamline Health Solutions has a 1-year low of $0.57 and a 1-year high of $1.65.

Streamline Health Solutions (NASDAQ:STRM) last announced its quarterly earnings results on Monday, April 22nd. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company had revenue of $5.47 million for the quarter. Streamline Health Solutions had a negative return on equity of 27.90% and a negative net margin of 26.23%.

A number of institutional investors and hedge funds have recently made changes to their positions in STRM. Alera Investment Advisors LLC grew its position in shares of Streamline Health Solutions by 2,084.2% during the 1st quarter. Alera Investment Advisors LLC now owns 103,750 shares of the company’s stock valued at $109,000 after acquiring an additional 99,000 shares during the period. Kennedy Capital Management Inc. grew its position in shares of Streamline Health Solutions by 4.6% during the 1st quarter. Kennedy Capital Management Inc. now owns 625,854 shares of the company’s stock valued at $657,000 after acquiring an additional 27,342 shares during the period. Finally, Tamarack Advisers LP grew its position in shares of Streamline Health Solutions by 2.6% during the 4th quarter. Tamarack Advisers LP now owns 1,950,000 shares of the company’s stock valued at $1,580,000 after acquiring an additional 50,000 shares during the period. 43.21% of the stock is currently owned by institutional investors.

Streamline Health Solutions Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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