Craneware (LON:CRW) Sets New 1-Year Low - Time to Sell?

Craneware plc (LON:CRW - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 1,500 ($19.63) and last traded at GBX 1,500 ($19.63), with a volume of 23412 shares trading hands. The stock had previously closed at GBX 1,550 ($20.28).

Analysts Set New Price Targets

Several equities research analysts have recently commented on CRW shares. Shore Capital reiterated a "buy" rating on shares of Craneware in a research report on Tuesday, March 11th. Berenberg Bank restated a "buy" rating and issued a GBX 2,800 ($36.63) price target on shares of Craneware in a research report on Tuesday, March 11th.

Craneware Price Performance

The company has a current ratio of 0.63, a quick ratio of 1.00 and a debt-to-equity ratio of 12.22. The firm has a market cap of £661.69 million, a price-to-earnings ratio of 56.90 and a beta of 0.28. The company has a 50 day moving average of GBX 1,813.01 and a 200 day moving average of GBX 2,002.15.

Craneware Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 20th will be issued a dividend of GBX 13.50 ($0.18) per share. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, March 20th. Craneware's dividend payout ratio (DPR) is presently 107.14%.

Craneware Company Profile

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group's Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.