Streamline Health Solutions Inc. (STRM) Director Acquires $16,000.00 in Stock
Streamline Health Solutions Inc. (NASDAQ:STRM) Director Jonathan R. Phillips acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, September 13th. The stock was purchased at an average cost of $1.60 per share, with a total value of $16,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Streamline Health Solutions Inc. (NASDAQ:STRM) opened at 1.63 on Tuesday. The firm’s market cap is $32.26 million. Streamline Health Solutions Inc. has a 12 month low of $1.08 and a 12 month high of $2.99. The company’s 50-day moving average is $1.50 and its 200 day moving average is $1.38.
Streamline Health Solutions (NASDAQ:STRM) last issued its quarterly earnings data on Wednesday, September 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.02. The company earned $7.40 million during the quarter, compared to analysts’ expectations of $7.02 million. Streamline Health Solutions had a negative return on equity of 26.31% and a negative net margin of 14.77%. On average, equities research analysts predict that Streamline Health Solutions Inc. will post ($0.31) earnings per share for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of STRM. Renaissance Technologies LLC boosted its position 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 worth $164,000 after buying an additional 37,583 shares during the last quarter. Emerald Acquisition Ltd. acquired a new position in Streamline Health Solutions during the second quarter worth about $211,000. Finally, First Light Asset Management LLC boosted its position in 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 worth $2,150,000 after buying an additional 35,653 shares in the last quarter. 44.14% of the stock is owned by institutional investors.
Separately, Zacks Investment Research raised shares of Streamline Health Solutions from a “sell” rating to a “hold” rating in a research report on Thursday, June 16th.
About Streamline Health Solutions
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.
Receive News & Ratings for Streamline Health Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Streamline Health Solutions Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.