Streamline Health Solutions, Inc (NASDAQ: STRM) is -53.48% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $1.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STRM stock was last observed hovering at around $0.18 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.20, the stock is -55.23% and -57.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing 12.14% at the moment leaves the stock -54.36% off its SMA200. STRM registered -77.53% loss for a year compared to 6-month loss of -66.38%.
The stock witnessed a -64.11% gain in the last 1 month and extending the period to 3 months gives it a -57.58%, and is -20.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.10% over the week and 19.19% over the month.
Streamline Health Solutions, Inc (STRM) has around 77 employees, a market worth around $12.52M and $20.30M in sales. Profit margin for the company is -92.72%. Distance from 52-week low is 18.10% and -80.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-71.40%).
36.0 institutions hold shares in Streamline Health Solutions, Inc (STRM), with institutional investors hold 36.74% of the company’s shares. The shares outstanding are 58.95M, and float is at 51.60M with Short Float at 0.07%. Institutions hold 27.90% of the Float.
The top institutional shareholder in the company is HARBERT FUND ADVISORS, INC. with over 4.82 million shares valued at $2.22 million. The investor’s holdings represent 8.2856 of the STRM Shares outstanding. As of 2024-06-30, the second largest holder is PERKINS CAPITAL MANAGEMENT INC with 1.97 million shares valued at $0.91 million to account for 3.3756 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.67 million shares representing 2.8676 and valued at over $0.77 million, while HERALD INVESTMENT MANAGEMENT LTD holds 1.4349 of the shares totaling 0.84 million with a market value of $0.39 million.
