Streamline Health Solutions, Inc (NASDAQ: STRM) Is A Good Bet For Risk-Tolerant Investors

Streamline Health Solutions, Inc (NASDAQ:STRM)’s traded shares stood at 0.58 million during the last session, with the company’s beta value hitting 1.70. At the close of trading, the stock’s price was $0.22, to imply a decrease of -11.94% or -$0.03 in intraday trading. The STRM share’s 52-week high remains $1.02, putting it -363.64% down since that peak but still an impressive 4.55% since price per share fell to its 52-week low of $0.21. The company has a valuation of $13.87M, with an average of 0.25 million shares in intraday trading volume over the past 10 days and average of 82.99K shares over the past 3 months.

Streamline Health Solutions, Inc (NASDAQ:STRM) trade information

After registering a -11.94% downside in the last session, Streamline Health Solutions, Inc (STRM) has traded red over the past five days. The 5-day price performance for the stock is -58.37%, and -55.31% over 30 days. With these gigs, the year-to-date price performance is -48.47%. Short interest in Streamline Health Solutions, Inc (NASDAQ:STRM) saw shorts transact 94100.0 shares and set a 2.45 days time to cover.

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Streamline Health Solutions, Inc (STRM) estimates and forecasts

The rating firms project that company’s revenue will shrink -11.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 5.31M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 6.04M.Earnings reports from the last fiscal year show that sales brought in nan and 5.36M respectively in the corresponding quarters.

STRM Dividends

Streamline Health Solutions, Inc has its next earnings report out on 2024-Dec-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Streamline Health Solutions, Inc (NASDAQ:STRM)’s Major holders

Streamline Health Solutions, Inc insiders hold 24.06% of total outstanding shares, with institutional holders owning 27.90% of the shares at 36.74% float percentage. In total, 27.90% institutions holds shares in the company, led by HARBERT FUND ADVISORS, INC.. As of 2024-06-30, the company held over 4.82 million shares (or 8.2856% of shares), all amounting to roughly $2.22 million.

The next major institution holding the largest number of shares is PERKINS CAPITAL MANAGEMENT INC with 1.97 million shares, or about 3.3756% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.91 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Streamline Health Solutions, Inc (STRM) shares. Going by data provided on Jun 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.03 shares. This is just over 1.62% of the total shares, with a market valuation of $0.23 million. Data from the same date shows that the other fund manager holds a little less at 631.0, or 1.00% of the shares, all valued at about 0.14 million.