Cross Country Healthcare (NASDAQ:CCRN) Now Covered by Analysts at StockNews.com

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

Several other analysts also recently commented on CCRN. William Blair downgraded Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. JMP Securities reissued a "market perform" rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Benchmark downgraded Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Barrington Research reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Finally, Truist Financial upped their target price on Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a report on Thursday, December 5th. Six analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $18.54.

Cross Country Healthcare Stock Performance

Shares of Cross Country Healthcare stock traded up $0.04 on Friday, hitting $18.24. The company had a trading volume of 236,774 shares, compared to its average volume of 431,062. The stock has a market capitalization of $598.64 million, a price-to-earnings ratio of -364.73, a P/E/G ratio of 3.35 and a beta of 0.44. Cross Country Healthcare has a 1 year low of $9.58 and a 1 year high of $21.41. The stock has a 50 day moving average of $17.98 and a 200-day moving average of $14.91.

Institutional Investors Weigh In On Cross Country Healthcare

Several institutional investors have recently made changes to their positions in CCRN. Truvestments Capital LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter worth $39,000. Plato Investment Management Ltd bought a new position in shares of Cross Country Healthcare during the fourth quarter valued at about $46,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Cross Country Healthcare during the third quarter valued at about $49,000. Point72 DIFC Ltd bought a new stake in shares of Cross Country Healthcare in the third quarter worth about $52,000. Finally, Gladius Capital Management LP grew its stake in shares of Cross Country Healthcare by 83.4% in 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. Hedge funds and other institutional investors own 96.03% of the company's stock.

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.