StockNews.com Begins Coverage on Cross Country Healthcare (NASDAQ:CCRN)

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

Several other brokerages have also weighed in on CCRN. Barrington Research reiterated a "market perform" rating and issued a $18.61 price objective on shares of Cross Country Healthcare in a research report on Friday, March 14th. JMP Securities reiterated a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Cross Country Healthcare has an average rating of "Hold" and an average price target of $18.41.

Cross Country Healthcare Trading Up 1.4 %

CCRN traded up $0.20 on Friday, hitting $14.60. 434,751 shares of the company's stock were exchanged, compared to its average volume of 598,765. Cross Country Healthcare has a fifty-two week low of $9.58 and a fifty-two week high of $18.50. The stock has a market cap of $479.07 million, a price-to-earnings ratio of -291.94, a P/E/G ratio of 3.32 and a beta of 0.25. The firm has a 50-day moving average price of $16.47 and a 200-day moving average price of $15.23.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CCRN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Cross Country Healthcare by 4.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider's stock worth $334,000 after acquiring an additional 817 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Cross Country Healthcare by 14.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider's stock worth $137,000 after purchasing an additional 1,250 shares during the last quarter. Quadrant Capital Group LLC purchased a new stake in Cross Country Healthcare during the fourth quarter worth $25,000. Geode Capital Management LLC grew its holdings 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 valued at $13,702,000 after purchasing an additional 2,112 shares during the last quarter. Finally, Plato Investment Management Ltd purchased a new position in shares of Cross Country Healthcare in the fourth quarter valued at $46,000. Hedge funds and other institutional investors 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.