Cross Country Healthcare (NASDAQ:CCRN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research note published on Sunday. The firm issued a hold rating on the business services provider’s stock.

CCRN has been the topic of several other reports. JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Barrington Research reissued a “market perform” rating and issued a $18.61 target price on shares of Cross Country Healthcare in a report on Friday, March 14th. Six research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $18.41.

Cross Country Healthcare Trading Down 0.8 %

CCRN stock opened at $14.33 on Friday. The company’s 50 day moving average is $16.17 and its 200 day moving average is $15.25. Cross Country Healthcare has a 1-year low of $9.58 and a 1-year high of $18.50. The stock has a market cap of $470.21 million, a price-to-earnings ratio of -286.54, a price-to-earnings-growth ratio of 3.32 and a beta of 0.25.

Institutional Investors Weigh In On Cross Country Healthcare

Several hedge funds have recently modified their holdings of the business. Quadrant Capital Group LLC purchased a new stake in Cross Country Healthcare in the fourth quarter valued at about $25,000. Plato Investment Management Ltd purchased a new stake in Cross Country Healthcare during the fourth quarter worth $46,000. Virtu Financial LLC purchased a new stake in shares of Cross Country Healthcare in the third quarter valued at approximately $153,000. Mint Tower Capital Management B.V. acquired a new position in shares of Cross Country Healthcare during the 4th quarter worth about $182,000. Finally, Guggenheim Capital LLC purchased a new stake in shares of Cross Country Healthcare during the fourth quarter worth $201,000. Hedge funds and other 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.