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

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

Several other equities research analysts have also recently issued reports on CCRN. Benchmark cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Truist Financial boosted their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. Finally, William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $18.54.

Cross Country Healthcare Trading Up 0.7 %

CCRN stock opened at $17.24 on Monday. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $19.25. The company has a 50-day moving average price of $18.12 and a 200 day moving average price of $14.99. The stock has a market cap of $565.75 million, a PE ratio of -344.73, a P/E/G ratio of 3.32 and a beta of 0.44.

Institutional Trading of Cross Country Healthcare

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its position in shares of Cross Country Healthcare by 337.6% in the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 140,013 shares in the last quarter. PDT Partners LLC acquired a new stake in Cross Country Healthcare during the 3rd quarter worth about $856,000. Barclays PLC lifted its position in Cross Country Healthcare by 117.5% during the 3rd quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock worth $1,078,000 after acquiring an additional 43,372 shares during the period. Royce & Associates LP lifted its position in Cross Country Healthcare by 51.4% during the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after acquiring an additional 384,374 shares during the period. Finally, Systematic Financial Management LP lifted its position in Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after acquiring an additional 130,746 shares during the period. Institutional investors and hedge funds own 96.03% of the company’s stock.

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.