Nantahala Capital Management LLC bought a new stake in shares of Streamline Health Solutions, Inc. (NASDAQ:STRM) during the third quarter, Holdings Channel reports. The institutional investor bought 692,108 shares of the company’s stock, valued at approximately $1,273,000. Nantahala Capital Management LLC owned about 3.50% of Streamline Health Solutions as of its most recent SEC filing.
Separately, Emerald Acquisition Ltd. purchased a new position in Streamline Health Solutions during the second quarter valued at about $211,000. Institutional investors own 46.26% of the company’s stock.
Streamline Health Solutions, Inc. (NASDAQ:STRM) opened at 1.35 on Friday. Streamline Health Solutions, Inc. has a 52-week low of $1.08 and a 52-week high of $2.11. The firm’s market capitalization is $26.52 million. The company has a 50 day moving average price of $1.36 and a 200 day moving average price of $1.57.
Separately, Zacks Investment Research raised Streamline Health Solutions from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a research report on Tuesday, December 13th.
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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