Analysts at StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a "hold" rating on the business services provider's stock.
Other research analysts have also issued reports about the stock. William Blair lowered shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. JMP Securities reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. 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. Barrington Research restated a "market perform" rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Finally, Benchmark downgraded shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $18.54.
View Our Latest Analysis on CCRN
Cross Country Healthcare Stock Performance
CCRN traded up $0.04 during trading on Tuesday, reaching $15.84. The company's stock had a trading volume of 220,120 shares, compared to its average volume of 520,430. The company has a market capitalization of $519.64 million, a price-to-earnings ratio of -316.64, a price-to-earnings-growth ratio of 3.32 and a beta of 0.44. Cross Country Healthcare has a 52-week low of $9.58 and a 52-week high of $19.25. The company's fifty day moving average price is $17.96 and its 200-day moving average price is $15.12.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of CCRN. Quadrant Capital Group LLC bought a new position in Cross Country Healthcare in the 4th quarter worth approximately $25,000. Truvestments Capital LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter worth about $39,000. Plato Investment Management Ltd purchased a new position in Cross Country Healthcare during the fourth quarter valued at $46,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cross Country Healthcare in the 3rd quarter valued at about $49,000. Finally, Point72 DIFC Ltd acquired a new stake in Cross Country Healthcare during the third quarter worth $52,000. Hedge funds and other institutional investors own 96.03% of the company's stock.
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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