Craneware (LON:CRW) Stock Passes Above Two Hundred Day Moving Average of $2,257.27

Craneware plc (LON:CRW - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,257.27 ($29.33) and traded as high as GBX 2,350 ($30.54). Craneware shares last traded at GBX 2,310 ($30.02), with a volume of 135,164 shares.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on Craneware from GBX 2,600 ($33.78) to GBX 2,700 ($35.08) and gave the stock a "buy" rating in a research report on Thursday, July 18th.

Craneware Price Performance

The firm has a market capitalization of £812.36 million, a P/E ratio of 11,011.43 and a beta of 0.37. The stock has a 50 day moving average of GBX 2,340.62 and a two-hundred day moving average of GBX 2,257.27. The company has a debt-to-equity ratio of 19.15, a quick ratio of 1.00 and a current ratio of 0.78.

About Craneware

Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. The company provides solutions, such as Trisus pricing transparency software; Trisus Pricing Analyzer, a solution that simplifies and automates the price modeling process; Trisus Chargemaster, an automated chargemaster management solution; InSight Medical Necessity, a solution that offers medical necessity for the United States payors; Trisus Claims Informatics, a retrospective charge capture analytical application that identifies areas of risk for its team to investigate; Trisus Supply, a solution that improves supplies reimbursement; and InSight Audit, an audit management solution for government and commercial payors.