Cross Country Healthcare (NASDAQ:CCRN) Coverage Initiated by Analysts at StockNews.com

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

Other equities analysts have also issued reports about the company. JMP Securities reiterated a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Barrington Research restated a “market perform” rating and set a $18.61 price objective on shares of Cross Country Healthcare in a report on Friday, March 14th. Finally, Truist Financial lifted 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 research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $18.41.

Cross Country Healthcare Stock Up 0.9 %

Shares of NASDAQ:CCRN opened at $14.94 on Thursday. The company has a market capitalization of $490.23 million, a P/E ratio of -298.74, a P/E/G 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 $19.14. The stock’s fifty day simple moving average is $17.36 and its 200-day simple moving average is $15.18.

Institutional Investors Weigh In On Cross Country Healthcare

Several hedge funds have recently modified their holdings of the stock. Quadrant Capital Group LLC acquired a new stake in Cross Country Healthcare in the fourth quarter valued at approximately $25,000. Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare during the 4th quarter valued at $46,000. Truvestments Capital LLC acquired a new position in Cross Country Healthcare in the 3rd quarter worth $39,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Cross Country Healthcare in the 3rd quarter valued at about $49,000. Finally, Point72 DIFC Ltd acquired a new stake in shares of Cross Country Healthcare during the third quarter valued at about $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.