Equities researchers at StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) in a note issued to investors on Sunday. The firm set a "hold" rating on the business services provider's stock.
A number of other equities research analysts have also recently issued reports on CCRN. Benchmark cut shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Barrington Research restated a "market perform" rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. William Blair cut shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Finally, Truist Financial increased their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a research note on Thursday, December 5th. Six investment analysts have rated the stock with a hold rating, According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $18.54.
Check Out Our Latest Research Report on Cross Country Healthcare
Cross Country Healthcare Price Performance
Shares of CCRN traded down $0.02 during trading hours on Friday, hitting $18.05. The company's stock had a trading volume of 659,292 shares, compared to its average volume of 422,841. The business has a 50 day simple moving average of $18.13 and a two-hundred day simple moving average of $14.94. Cross Country Healthcare has a 52-week low of $9.58 and a 52-week high of $19.25. The company has a market cap of $592.40 million, a price-to-earnings ratio of -360.93, a PEG ratio of 3.34 and a beta of 0.44.
Institutional Trading of Cross Country Healthcare
Several institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Cross Country Healthcare by 4.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider's stock valued at $334,000 after acquiring an additional 817 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Cross Country Healthcare by 14.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider's stock valued at $137,000 after purchasing an additional 1,250 shares during the last quarter. Quadrant Capital Group LLC purchased a new position in shares of Cross Country Healthcare during the 4th quarter valued at about $25,000. Gladius Capital Management LP lifted its position in Cross Country Healthcare by 83.4% in the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider's stock worth $54,000 after buying an additional 1,812 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Cross Country Healthcare by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 754,368 shares of the business services provider's stock worth $13,702,000 after buying an additional 2,112 shares in the last quarter. Hedge funds and other institutional investors own 96.03% of the company's stock.
About Cross Country Healthcare
(
Get Free Report)
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.
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