Streamline Health Stock Soars (STRM)

NEW YORK ( TheStreet) -- Shares of Streamline Health Solutions (Nasdaq: STRM) have taken a tremendous swing upward. The stock is trading at $2.76 as of 10:10 a.m. ET, 22.6% above Tuesday's closing price of $2.25. Volume is at 58,320, three times the daily average of 19,300.

Streamline Health has a market cap of $24.5 million and is part of the technology sector and computer software & services industry. Shares are up 31% year to date as of the close of trading on Tuesday.

Streamline Health Solutions, Inc. provides workflow and document management technology solutions that enhance efficiencies and business processes for hospitals and physician groups in North America. The company has a P/E ratio of 4.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Streamline Health as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Streamline Health Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.

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