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

Analysts at StockNews.com assumed coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research report issued on Friday. The brokerage set a “hold” rating on the business services provider’s stock.

Several other research analysts also recently weighed in on CCRN. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research restated a “market perform” rating and issued a $18.61 target price on shares of Cross Country Healthcare in a research report on Friday, March 14th. Truist Financial lifted their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research note on Thursday, December 5th. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $18.41.

Cross Country Healthcare Stock Performance

Shares of NASDAQ CCRN opened at $15.11 on Friday. The firm has a fifty day moving average of $17.11 and a 200 day moving average of $15.19. The firm has a market cap of $495.80 million, a PE ratio of -302.14, a PEG ratio of 3.32 and a beta of 0.44. Cross Country Healthcare has a one year low of $9.58 and a one year high of $19.14.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BCK Capital Management LP purchased a new position in Cross Country Healthcare during the fourth quarter worth approximately $1,076,000. CSS LLC IL acquired a new stake in shares of Cross Country Healthcare in the 4th quarter worth $828,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Cross Country Healthcare by 7.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 107,333 shares of the business services provider’s stock worth $1,949,000 after acquiring an additional 7,278 shares during the period. Squarepoint Ops LLC boosted its position in shares of Cross Country Healthcare by 508.8% during the 4th quarter. Squarepoint Ops LLC now owns 255,362 shares of the business services provider’s stock valued at $4,637,000 after acquiring an additional 213,416 shares during the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Cross Country Healthcare by 21.8% in the fourth quarter. Two Sigma Investments LP now owns 34,733 shares of the business services provider’s stock valued at $631,000 after purchasing an additional 6,215 shares during the period. 96.03% of the stock is currently owned by institutional investors and hedge funds.

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.