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

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

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

Cross Country Healthcare Stock Up 0.1 %

Shares of NASDAQ:CCRN opened at $18.24 on Friday. The company has a market cap of $600.46 million, a price-to-earnings ratio of -364.73, a PEG ratio of 3.34 and a beta of 0.46. The business has a 50 day moving average price of $16.79 and a 200 day moving average price of $14.75. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $22.14.

Institutional Investors Weigh In On Cross Country Healthcare

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its holdings 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 valued at $2,439,000 after purchasing an additional 140,013 shares during the period. PDT Partners LLC bought a new stake in Cross Country Healthcare in the third quarter valued at approximately $856,000. Barclays PLC lifted its position in shares of Cross Country Healthcare by 117.5% in the third quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock valued at $1,078,000 after buying an additional 43,372 shares during the last quarter. Royce & Associates LP boosted its stake in shares of 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 boosted its stake in shares of 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 own 96.03% of the company’s stock.

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.