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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 $0.49, down 0.41% from the previous day, and has decreased 64.75% in one year. It has underperformed other stocks in the Health Information Services industry by 0.34 percentage points. Streamline Health Solutions stock is currently +130.05% from its 52-week low of $0.21, and -65.97% from its 52-week high of $1.44.

There are currently 62.03M STRM shares outstanding. The market cap of STRM is $30.39M. In the past 24 hours, 32,583 STRM shares were traded.

How to Buy Streamline Health Solutions Stock

Not sure how to invest in Streamline Health Solutions stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

STRM Price
$0.49
1w %
-7.55%
1y %
-64.75%
5y %
-73.22%
P/E
-1.53x
P/B
1.76x
P/S
1.32x
PEG
N/A
Revenue
$21.59M
Earnings
-$18.54M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$30.39M
Next Earnings
N/A
Next Dividend
N/A

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 1.76x, relative to Health Information Services industry P/B ratio of 2.94x

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.
  • STRM has $3.98M in cash and short term investments. This is enough to cover its annual cash burn of $4.96M.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the STRM balance sheet.
  • There are more short-term liabilities than short-term assets on the STRM balance sheet.
  • STRM profit margin has gone down from -47.3% to -85.8% in the past year.
  • STRM has cash burn of 4960000. It does not have sufficient cash and short-term investments to cover this.
  • STRM has a relatively high debt to equity ratio of 1.41.

Metrics for Advanced STRM Traders

SMA10
0.51
SMA20
0.45
SMA50
0.38
SMA100
0.43
SMA200
0.46
MACD
0.04
MACD Signal
0.04
MACD Histogram
0
RSI
56.31
Stochastic %K
35.73
Stochastic %D
38.41
StochRSI %K
6.1
StochRSI %D
6.45

Is STRM Making Money?

Last year, STRM revenue was $21.59M. Over the last 5 year, STRM's revenue has increased by 2.31% per year. This was slower than the Health Information Services industry average of 20.57%.

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.

Wendy L. Lovvorn, Chief People Officer of STRM, was the latest STRM insider to buy. They bought $46,500.00 worth of STRM stock on Apr 29, 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.

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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.

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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:

  1. Decide where to buy Streamline Health Solutions stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Streamline Health Solutions stock
  5. Make your STRM buy order
  6. Get the latest scoop on your STRM position

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your new investment in Streamline Health Solutions, create a watchlist today.

NASDAQ: STRM
$0.49-0.00 (-0.41%)
Updated Jun 24, 2024
Open eToro Account
NASDAQ: STRM
$0.49-0.00 (-0.41%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Streamline Health Solutions share?

As of Jun 24, 2024, it costs $0.49 to buy one share of Streamline Health Solutions stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.25, you can buy 0.5 shares of STRM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Streamline Health Solutions stock?

One way to place an order for Streamline Health Solutions stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.