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

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

Several other equities analysts have also commented on CCRN. Truist Financial upped their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research report on Thursday, December 5th. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Barrington Research reiterated a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $18.54.

Cross Country Healthcare Price Performance

NASDAQ:CCRN opened at $17.90 on Friday. Cross Country Healthcare has a 12-month low of $9.58 and a 12-month high of $23.64. The business has a 50 day simple moving average of $13.15 and a 200 day simple moving average of $13.97. The firm has a market capitalization of $589.21 million, a P/E ratio of -357.93, a P/E/G ratio of 3.39 and a beta of 0.61.

Institutional Investors Weigh In On Cross Country Healthcare

Institutional investors have recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in shares of Cross Country Healthcare in the third quarter valued at $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cross Country Healthcare in the 3rd quarter valued at about $49,000. nVerses Capital LLC bought a new position in shares of Cross Country Healthcare during the 2nd quarter valued at about $50,000. Point72 DIFC Ltd acquired a new position in shares of Cross Country Healthcare in the 3rd quarter worth approximately $52,000. Finally, Gladius Capital Management LP raised its holdings in shares of Cross Country Healthcare by 83.4% in the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock worth $54,000 after purchasing an additional 1,812 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

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.