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

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

Other research analysts have also recently issued research reports about the stock. Barrington Research restated a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Truist Financial raised their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a report on Thursday, December 5th. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, Benchmark downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating, According to MarketBeat.com, Cross Country Healthcare has a consensus rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Stock Performance

CCRN opened at $18.23 on Tuesday. Cross Country Healthcare has a one year low of $9.58 and a one year high of $23.64. The company has a market cap of $600.08 million, a P/E ratio of -364.53, a PEG ratio of 3.39 and a beta of 0.46. The business’s 50-day simple moving average is $14.33 and its 200-day simple moving average is $14.22.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CCRN. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Cross Country Healthcare by 14.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock valued at $137,000 after buying an additional 1,250 shares during the period. Gladius Capital Management LP raised its stake in Cross Country Healthcare by 83.4% during the third 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 during the period. GAMMA Investing LLC boosted its holdings in shares of Cross Country Healthcare by 32.8% in the 3rd quarter. GAMMA Investing LLC now owns 7,543 shares of the business services provider’s stock valued at $101,000 after purchasing an additional 1,865 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Cross Country Healthcare during the 3rd quarter valued at $39,000. Finally, Public Sector Pension Investment Board increased its holdings in shares of Cross Country Healthcare by 4.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 71,927 shares of the business services provider’s stock worth $995,000 after buying an additional 3,356 shares during the last quarter. Hedge funds and other institutional investors 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.