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) in a research report released on Sunday morning. The brokerage issued a hold rating on the business services provider’s stock.

CCRN has been the subject of a number of other reports. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. JMP Securities restated a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Truist Financial lifted 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 note on Thursday, December 5th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Finally, Benchmark lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Six investment analysts have rated the stock with a hold rating, According to MarketBeat.com, Cross Country Healthcare currently has an average rating of “Hold” and a consensus target price of $18.54.

Cross Country Healthcare Trading Down 0.4 %

Shares of CCRN stock opened at $18.07 on Friday. The company has a market cap of $592.99 million, a P/E ratio of -361.33, a PEG ratio of 3.35 and a beta of 0.44. The firm has a fifty day moving average price of $18.13 and a 200 day moving average price of $14.94. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $19.25.

Institutional Trading of Cross Country Healthcare

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quadrant Capital Group LLC acquired a new position in Cross Country Healthcare in the fourth quarter valued at $25,000. Plato Investment Management Ltd purchased a new position in shares of Cross Country Healthcare during the 4th quarter worth about $46,000. Truvestments Capital LLC purchased a new position in shares of Cross Country Healthcare during the 3rd quarter worth about $39,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cross Country Healthcare in the third quarter valued at approximately $49,000. Finally, Point72 DIFC Ltd purchased a new stake in Cross Country Healthcare in the third quarter valued at approximately $52,000. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

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.