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

StockNews.com started coverage on shares of Cross Country Healthcare (NASDAQ:CCRN - Free Report) in a research report released on Wednesday. The brokerage issued a hold rating on the business services provider's stock.

A number of other equities analysts have also commented on CCRN. Benchmark lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Barrington Research restated a "market perform" rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Truist Financial increased their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a research report on Thursday, December 5th. Finally, William Blair lowered shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $18.54.

Cross Country Healthcare Trading Down 0.2 %

NASDAQ:CCRN traded down $0.04 during trading hours on Wednesday, hitting $18.12. 670,863 shares of the company were exchanged, compared to its average volume of 618,929. The company has a fifty day simple moving average of $15.14 and a 200 day simple moving average of $14.40. Cross Country Healthcare has a one year low of $9.58 and a one year high of $23.15. The stock has a market capitalization of $596.46 million, a price-to-earnings ratio of -362.33, a price-to-earnings-growth ratio of 3.39 and a beta of 0.46.

Institutional Trading of Cross Country Healthcare

Several hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. grew its holdings in Cross Country Healthcare by 15.4% in the second quarter. Victory Capital Management Inc. now owns 136,075 shares of the business services provider's stock worth $1,883,000 after purchasing an additional 18,152 shares during the period. American Century Companies Inc. boosted its position in shares of Cross Country Healthcare by 15.9% during the 2nd quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider's stock worth $10,696,000 after purchasing an additional 106,226 shares in the last quarter. WINTON GROUP Ltd boosted its position in shares of Cross Country Healthcare by 50.6% during the 2nd quarter. WINTON GROUP Ltd now owns 22,811 shares of the business services provider's stock worth $316,000 after purchasing an additional 7,660 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Cross Country Healthcare by 1.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider's stock valued at $32,662,000 after buying an additional 24,363 shares during the period. Finally, Renaissance Technologies LLC increased its position in Cross Country Healthcare by 225.5% in the 2nd quarter. Renaissance Technologies LLC now owns 92,509 shares of the business services provider's stock valued at $1,280,000 after buying an additional 64,091 shares in the last quarter. Institutional investors own 96.03% of the company's stock.

About Cross Country Healthcare

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.