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

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

Several other research analysts also recently weighed in on the company. Barrington Research reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. William Blair cut shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Benchmark lowered shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Finally, Truist Financial upped their price target 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. Five equities research 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 Stock Down 0.1 %

Shares of CCRN stock traded down $0.01 during mid-day trading on Friday, hitting $17.91. 1,011,077 shares of the stock were exchanged, compared to its average volume of 610,883. Cross Country Healthcare has a 52-week low of $9.58 and a 52-week high of $23.64. The firm has a fifty day moving average of $13.04 and a 200 day moving average of $13.94. The company has a market cap of $589.54 million, a PE ratio of -358.13, a price-to-earnings-growth ratio of 3.39 and a beta of 0.61.

Institutional Trading of Cross Country Healthcare

Hedge funds have recently bought and sold shares of the business. Truvestments Capital LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cross Country Healthcare in the 3rd quarter worth $49,000. nVerses Capital LLC purchased a new position in shares of Cross Country Healthcare during the 2nd quarter worth $50,000. Point72 DIFC Ltd acquired a new position in shares of Cross Country Healthcare during the 3rd quarter valued at about $52,000. Finally, Gladius Capital Management LP increased its position in Cross Country Healthcare by 83.4% during the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider's stock worth $54,000 after purchasing an additional 1,812 shares during the last quarter. Institutional investors and hedge funds 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.