Streamline Health Solutions Inc. (STRM) Director Acquires $16,000.00 in Stock
Streamline Health Solutions Inc. (NASDAQ:STRM) Director Jonathan R. Phillips purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, September 13th. The shares were acquired at an average cost of $1.60 per share, for a total transaction of $16,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Streamline Health Solutions Inc. (NASDAQ:STRM) opened at 1.63 on Tuesday. Streamline Health Solutions Inc. has a 12 month low of $1.08 and a 12 month high of $2.99. The stock’s 50 day moving average price is $1.50 and its 200-day moving average price is $1.38. The stock’s market cap is $32.26 million.
Streamline Health Solutions (NASDAQ:STRM) last announced its quarterly earnings data on Wednesday, September 7th. The company reported ($0.06) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.02. Streamline Health Solutions had a negative net margin of 14.77% and a negative return on equity of 26.31%. The business had revenue of $7.40 million for the quarter, compared to analyst estimates of $7.02 million. Equities analysts expect that Streamline Health Solutions Inc. will post ($0.31) EPS for the current year.
Large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC raised its stake in shares of Streamline Health Solutions by 47.8% in the first quarter. Renaissance Technologies LLC now owns 116,200 shares of the company’s stock valued at $164,000 after buying an additional 37,583 shares in the last quarter. First Light Asset Management LLC raised its stake in shares of Streamline Health Solutions by 2.0% in the second quarter. First Light Asset Management LLC now owns 1,792,041 shares of the company’s stock valued at $2,150,000 after buying an additional 35,653 shares in the last quarter. Finally, Emerald Acquisition Ltd. bought a new stake in shares of Streamline Health Solutions during the second quarter valued at approximately $211,000. Institutional investors and hedge funds own 44.14% of the company’s stock.
Separately, Zacks Investment Research raised Streamline Health Solutions from a “sell” rating to a “hold” rating in a report on Thursday, June 16th.
Streamline Health Solutions Company Profile
Streamline Health Solutions, Inc is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial, Coding and Clinical Documentation Improvement (CDI), and other Workflow software applications, and the use of such applications by software as a service.
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