It Seems Streamline Health Solutions Inc. (STRM) Will Go Down. Formed A Few Months Bearish Double Bottom

September 17, 2017 - By test

Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.49, from 0.64 in 2016Q3. It improved, as 2 investors sold Streamline Health Solutions Inc. shares while 6 reduced holdings. 2 funds opened positions while 7 raised stakes. 7.72 million shares or 3.68% more from 7.45 million shares in 2016Q3 were reported.
Goldman Sachs Gp owns 29,580 shares or 0% of their US portfolio. Vanguard Gru has 0% invested in Streamline Health Solutions Inc. (NASDAQ:STRM). Nantahala Cap Mngmt Lc invested 0.19% of its portfolio in Streamline Health Solutions Inc. (NASDAQ:STRM). Commerce Retail Bank holds 33,000 shares or 0% of its portfolio. Acadian Asset Ltd Liability Co reported 2,214 shares. Raymond James Fin Ser Advsr has 46,430 shares. Susquehanna Intll Gp Limited Liability Partnership invested in 0% or 37,884 shares. Moreover, Highland L P has 0.03% invested in Streamline Health Solutions Inc. (NASDAQ:STRM) for 489,075 shares. 29,316 are owned by Dimensional Fund Advisors Ltd Partnership. Morgan Stanley holds 0% or 24,148 shares. Renaissance Tech Limited Liability Com reported 236,700 shares. Tower Research Capital Llc (Trc) has 0% invested in Streamline Health Solutions Inc. (NASDAQ:STRM) for 1,734 shares. California Pub Employees Retirement System holds 28,600 shares or 0% of its portfolio. Great Point Limited reported 0.04% in Streamline Health Solutions Inc. (NASDAQ:STRM). Deerfield stated it has 0.03% in Streamline Health Solutions Inc. (NASDAQ:STRM).

Since June 15, 2017, it had 2 insider buys, and 0 sales for $21,300 activity. Shares for $10,300 were bought by Priest Shaun Linwood.

The chart of Streamline Health Solutions Inc. (STRM) shows a double bottom with $1.39 target or 7.00 % below today’s $1.49 share price. The 5 months chart pattern indicates high risk for the $29.78 million company. It was reported on Sep, 17 by Finviz.com. If the $1.39 price target is reached, the company will be worth $2.08M less. Double bottoms are rare but powerful chart patterns.

The stock increased 12.03% or $0.16 on September 15, reaching $1.49. About 94,206 shares traded or 19.61% up from the average. Streamline Health Solutions Inc. (NASDAQ:STRM) has risen 7.69% since September 17, 2016 and is uptrending. It has underperformed by 9.01% the S&P500.

Streamline Health Solutions Inc. (NASDAQ:STRM) Ratings Coverage

Among 2 analysts covering Streamline Health (NASDAQ:STRM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Streamline Health had 3 analyst reports since September 4, 2015 according to SRatingsIntel. The firm has “Hold” rating by Lake Street given on Monday, April 25. Cowen & Co maintained the shares of STRM in report on Friday, September 4 with “Outperform” rating. As per Friday, September 4, the company rating was upgraded by Lake Street.

More notable recent Streamline Health Solutions Inc. (NASDAQ:STRM) news were published by: Reuters.com which released: “BRIEF-Niraj Gupta reports 6.92 percent passive stake in Streamline Health …” on May 18, 2017, also Seekingalpha.com with their article: “Streamline Health Solutions’ (STRM) CEO David Sides on Q1 2017 Results …” published on June 13, 2017, Prnewswire.com published: “Streamline Health® Acquires Opportune IT Healthcare Solutions” on September 08, 2016. More interesting news about Streamline Health Solutions Inc. (NASDAQ:STRM) were released by: Prnewswire.com and their article: “Streamline Health® Reports Second Quarter 2017 Revenues Of $5.9 Million; ($1.1 …” published on September 13, 2017 as well as Prnewswire.com‘s news article titled: “Streamline Health To Introduce New Looking Glass® eValuatorâ„¢ Software …” with publication date: February 16, 2017.

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