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

StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the business services provider’s stock.

A number of other brokerages have also recently weighed in on CCRN. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Truist Financial lifted their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the company 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 note on Tuesday, December 10th. William Blair cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Stock Up 0.3 %

NASDAQ:CCRN opened at $15.89 on Wednesday. Cross Country Healthcare has a 52 week low of $9.58 and a 52 week high of $19.25. The company has a market capitalization of $521.40 million, a P/E ratio of -317.74, a P/E/G ratio of 3.32 and a beta of 0.44. The stock’s fifty day moving average is $17.78 and its two-hundred day moving average is $15.17.

Institutional Trading of Cross Country Healthcare

Institutional investors have recently bought and sold shares of the business. Quadrant Capital Group LLC purchased a new stake in Cross Country Healthcare during the 4th quarter worth about $25,000. Truvestments Capital LLC purchased a new stake in Cross Country Healthcare during the 3rd quarter worth about $39,000. Plato Investment Management Ltd purchased a new stake in Cross Country Healthcare during the 4th quarter worth about $46,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cross Country Healthcare during the 3rd quarter worth about $49,000. Finally, Point72 DIFC Ltd purchased a new stake in Cross Country Healthcare during the 3rd quarter worth about $52,000. 96.03% of the stock is owned by hedge funds and other institutional investors.

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.