Cross Country Healthcare (NASDAQ:CCRN) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) in a report issued on Monday. The firm set a "hold" rating on the business services provider's stock.

Other equities analysts have also issued research reports about the company. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Barrington Research reiterated a "market perform" rating and issued a $18.61 target price on shares of Cross Country Healthcare in a research note on Friday, March 14th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $18.41.

Cross Country Healthcare Trading Down 1.2 %

NASDAQ:CCRN traded down $0.17 during mid-day trading on Monday, hitting $13.83. The stock had a trading volume of 66,698 shares, compared to its average volume of 595,759. The stock has a 50-day simple moving average of $15.53 and a two-hundred day simple moving average of $15.29. The company has a market capitalization of $453.80 million, a PE ratio of -276.64, a PEG ratio of 3.32 and a beta of 0.25. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $18.50.

Hedge Funds Weigh In On Cross Country Healthcare

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC purchased a new stake in shares of Cross Country Healthcare in the fourth quarter valued at approximately $25,000. Plato Investment Management Ltd purchased a new stake in shares of Cross Country Healthcare during the 4th quarter worth $46,000. Virtu Financial LLC acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth $153,000. Mint Tower Capital Management B.V. purchased a new position in shares of Cross Country Healthcare in the 4th quarter valued at about $182,000. Finally, Guggenheim Capital LLC acquired a new stake in shares of Cross Country Healthcare in the fourth quarter valued at about $201,000. Institutional investors and hedge funds own 96.03% of the company's stock.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company's Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.