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

Stock analysts at StockNews.com began coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a note issued to investors on Saturday. The firm set a “hold” rating on the business services provider’s stock.

Several other research firms have also weighed in on CCRN. Barrington Research restated a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. William Blair 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 objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a report on Thursday, December 5th. Six research analysts have rated the stock with a hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Trading Down 0.1 %

Cross Country Healthcare stock opened at $18.18 on Friday. Cross Country Healthcare has a 1-year low of $9.58 and a 1-year high of $21.41. The firm’s fifty day simple moving average is $17.85 and its 200-day simple moving average is $14.90. The company has a market capitalization of $596.59 million, a P/E ratio of -363.53, a P/E/G ratio of 3.35 and a beta of 0.44.

Institutional Investors Weigh In On Cross Country Healthcare

Several hedge funds have recently modified their holdings of CCRN. Truvestments Capital LLC bought a new position in Cross Country Healthcare during the third quarter worth $39,000. Plato Investment Management Ltd acquired a new position in shares of Cross Country Healthcare during the fourth quarter valued at about $46,000. Point72 Asia Singapore Pte. Ltd. acquired 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 valued at about $52,000. Finally, Gladius Capital Management LP lifted 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 valued at $54,000 after buying an additional 1,812 shares during the period. 96.03% of the stock is owned by 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.