Cross Country Healthcare, Inc. (NASDAQ:CCRN - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 953,379 shares were traded during trading, an increase of 108% from the previous session's volume of 457,930 shares.The stock last traded at $16.10 and had previously closed at $16.86.
Analysts Set New Price Targets
CCRN has been the topic of several research analyst reports. Benchmark downgraded Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. William Blair downgraded Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Truist Financial boosted their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a research report on Thursday, December 5th. JMP Securities restated a "market perform" rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Finally, Barrington Research restated a "market perform" rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Six analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $18.54.
View Our Latest Stock Analysis on CCRN
Cross Country Healthcare Price Performance
The company has a market capitalization of $522.76 million, a PE ratio of -318.54, a P/E/G ratio of 3.32 and a beta of 0.44. The business has a 50-day moving average of $17.92 and a 200 day moving average of $15.14.
Institutional Investors Weigh In On Cross Country Healthcare
A number of hedge funds have recently made changes to their positions in the company. BCK Capital Management LP purchased a new stake in shares of Cross Country Healthcare in the fourth quarter worth about $1,076,000. CSS LLC IL bought a new stake in Cross Country Healthcare during the fourth quarter worth approximately $828,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Cross Country Healthcare by 7.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 107,333 shares of the business services provider's stock valued at $1,949,000 after buying an additional 7,278 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of Cross Country Healthcare by 508.8% during the fourth quarter. Squarepoint Ops LLC now owns 255,362 shares of the business services provider's stock valued at $4,637,000 after buying an additional 213,416 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of Cross Country Healthcare by 21.8% during the fourth quarter. Two Sigma Investments LP now owns 34,733 shares of the business services provider's stock valued at $631,000 after buying an additional 6,215 shares during the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.
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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