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

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

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

Cross Country Healthcare Stock Performance

NASDAQ CCRN opened at $18.19 on Thursday. The stock has a market capitalization of $598.81 million, a price-to-earnings ratio of -363.73, a PEG ratio of 3.34 and a beta of 0.46. The stock’s 50 day moving average price is $15.82 and its two-hundred day moving average price is $14.56. Cross Country Healthcare has a 52 week low of $9.58 and a 52 week high of $23.15.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Truvestments Capital LLC acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth approximately $49,000. Point72 DIFC Ltd acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth approximately $52,000. Gladius Capital Management LP increased its holdings in shares of Cross Country Healthcare by 83.4% during the 3rd quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock worth $54,000 after acquiring an additional 1,812 shares during the last quarter. Finally, US Bancorp DE increased its holdings in shares of Cross Country Healthcare by 10,909.3% during the 3rd quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock worth $64,000 after acquiring an additional 4,691 shares during the last quarter. 96.03% of the stock is 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.