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

StockNews.com began coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a report issued on Saturday morning. The firm issued a hold rating on the business services provider’s stock.

A number of other brokerages have also weighed in on CCRN. Barrington Research reiterated a “market perform” rating and set a $18.61 price objective on shares of Cross Country Healthcare in a report on Friday, March 14th. JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Cross Country Healthcare presently has a consensus rating of “Hold” and an average price target of $18.41.

Cross Country Healthcare Stock Down 2.2 %

CCRN stock opened at $14.51 on Friday. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $18.50. The firm has a market cap of $476.12 million, a price-to-earnings ratio of -290.14, a PEG ratio of 3.32 and a beta of 0.25. The business’s fifty day simple moving average is $16.70 and its two-hundred day simple moving average is $15.24.

Institutional Investors Weigh In On Cross Country Healthcare

Hedge funds have recently modified their holdings of the business. Quadrant Capital Group LLC bought a new position in Cross Country Healthcare in the fourth quarter worth approximately $25,000. Plato Investment Management Ltd purchased a new stake in shares of Cross Country Healthcare during the 4th quarter worth $46,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cross Country Healthcare during the 3rd quarter worth $49,000. Point72 DIFC Ltd bought a new stake in Cross Country Healthcare during the third quarter valued at about $52,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Cross Country Healthcare by 14.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock worth $137,000 after purchasing an additional 1,250 shares in 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.