How to Buy Streamline Health Solutions Stock
Streamline Health Solutions Inc
Streamline Health Solutions, Inc. offers health information technology solutions and associated services for hospitals and health systems in the United States and Canada.
Streamline Health Solutions stock last closed at $0.34, up 2.72% from the previous day, and has decreased 80.79% in one year. It has underperformed other stocks in the Health Information Services industry by 0.53 percentage points. Streamline Health Solutions stock is currently +59.62% from its 52-week low of $0.21, and -81.62% from its 52-week high of $1.85.
There are currently 58.83M STRM shares outstanding. The market cap of STRM is $20.00M. In the past 24 hours, 5422 STRM shares were traded.
How to Buy Streamline Health Solutions Stock
Not sure how to invest in Streamline Health Solutions stock? Here's how.
- Decide where to buy Streamline Health Solutions stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Streamline Health Solutions stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Analyze Streamline Health Solutions stock: The Streamline Health Solutions ticker symbol is STRM. Is Streamline Health Solutions stock a good investment? Should you buy shares of STRM? How do STRM's underlying business fundamentals look? Do top analysts think Streamline Health Solutions is a good buy? Why has STRM's stock price moved recently? (Hint: Our stock analysis website can help you figure out if STRM is a good stock to buy).
- Make your STRM buy order: Decide if you will purchase STRM shares at the current market price or use a limit order to buy STRM stock at a given price.
- Get the latest scoop on your STRM position: Create a watchlist to the latest updates on your investment in Streamline Health Solutions stock.
Step 1: Decide where to buy Streamline Health Solutions stock
You need an online brokerage account to access the NASDAQ market and buy STRM shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you can invest in STRM stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on stock market apps, you need to deposit funds:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Streamline Health Solutions stock
Once you have selected the best place to buy Streamline Health Solutions stock, it's very important to evaluate their stock prior to buying, so you actually understand the risk as well as the opportunity.
Streamline Health Solutions shares data
Fundamentals of Streamline Health Solutions
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on STRM's stock page.
How is STRM stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge STRM's intrinsic value.
Using relative valuations ratios:
- STRM may be undervalued based on its P/B ratio of 1.01x, relative to Health Information Services industry P/B ratio of 3.39x
You can do additional valuation research on STRM's stock here.
STRM Financial Summary
Passed Financial Due Diligence Checks:
- Total STRM debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- STRM has cash burn of 6682000. It does not have enough cash and short-term investments to cover this.
- STRM has a relatively high debt to equity ratio of 1.08.
- There are more long-term liabilities than short-term assets on the STRM balance sheet.
- STRM profit margin has gone down from -38.1% to -81.4% in the past year.
- STRM has $2.56M in cash and short term investments. This is not sufficient to cover its annual cash burn of $6.68M.
- There are more short-term liabilities than short-term assets on the STRM balance sheet.
Metrics for Advanced STRM Traders
Is STRM Making Money?
Last year, STRM revenue was $23.98M. Over the last 5 year, STRM's revenue has increased by 0.84% per year. This was slower than the Health Information Services industry average of 19.73%.
You can analyze STRM's earnings and revenue performance here.
Are STRM executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at STRM have bought more shares than they have sold.
Matthew Etheridge, Director of STRM, was the latest STRM insider to buy. They bought $68,000.00 worth of STRM stock on Feb 7, 2024.
Get more info about who owns STRM shares here.
Does STRM stock generate passive income?
No, Streamline Health Solutions doesn't provide an income stream by paying out dividends.
What others are saying about STRM
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your STRM buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you need more help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your STRM position
Now that you own some STRM shares, you'll want to stay up-to-date on your new investment.
Make a watchlist to monitor your STRM stock.
STRM Feed
How to Buy Stock in Streamline Health Solutions
To reiterate, here are the 6 steps for buying Streamline Health Solutions stock:
- Decide where to buy Streamline Health Solutions stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Streamline Health Solutions stock
- Make your STRM buy order
- Get the latest scoop on your STRM position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Streamline Health Solutions, create a watchlist today.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.