Cross Country Healthcare (NASDAQ:CCRN) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) in a report released on Friday. The brokerage set a "hold" rating on the business services provider's stock.

CCRN has been the subject of a number of other research reports. Benchmark cut Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. William Blair downgraded shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Truist Financial upped their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a report on Thursday, December 5th. Finally, Barrington Research reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. Five research analysts have rated the stock with a hold rating, According to MarketBeat, Cross Country Healthcare currently has a consensus rating of "Hold" and a consensus target price of $18.54.

Cross Country Healthcare Stock Performance

Shares of NASDAQ CCRN traded down $0.01 during trading on Friday, hitting $18.22. 197,879 shares of the company traded hands, compared to its average volume of 458,257. The firm has a market capitalization of $597.82 million, a price-to-earnings ratio of -364.23, a P/E/G ratio of 3.35 and a beta of 0.44. The business's fifty day moving average is $17.11 and its 200 day moving average is $14.80. Cross Country Healthcare has a fifty-two week low of $9.58 and a fifty-two week high of $21.74.

Hedge Funds Weigh In On Cross Country Healthcare

A number of hedge funds have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted 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. Gladius Capital Management LP lifted its position in shares of Cross Country Healthcare by 83.4% during 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 in the last quarter. GAMMA Investing LLC boosted its stake in shares of Cross Country Healthcare by 32.8% in the 3rd quarter. GAMMA Investing LLC now owns 7,543 shares of the business services provider's stock worth $101,000 after buying an additional 1,865 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Cross Country Healthcare in the third quarter valued at approximately $39,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cross Country Healthcare during the third quarter valued at approximately $49,000. 96.03% of the stock is owned by hedge funds and other institutional investors.

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.