Cross Country Healthcare (NASDAQ:CCRN) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the business services provider’s stock.

Other equities research analysts have also issued reports about the stock. Benchmark lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Finally, Truist Financial boosted their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Six research analysts have rated the stock with a hold rating, According to MarketBeat, Cross Country Healthcare presently has a consensus rating of “Hold” and an average price target of $18.54.

Cross Country Healthcare Trading Down 0.3 %

CCRN stock opened at $18.15 on Friday. The firm has a 50 day moving average of $18.13 and a 200-day moving average of $14.96. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $21.41. The firm has a market capitalization of $595.68 million, a P/E ratio of -362.93, a price-to-earnings-growth ratio of 3.35 and a beta of 0.44.

Institutional Investors Weigh In On Cross Country Healthcare

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its holdings in Cross Country Healthcare by 337.6% during 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 buying an additional 140,013 shares during the last quarter. PDT Partners LLC bought a new stake in Cross Country Healthcare during the 3rd quarter valued at $856,000. Barclays PLC raised its holdings in Cross Country Healthcare by 117.5% in the 3rd quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock worth $1,078,000 after purchasing an additional 43,372 shares in the last quarter. Royce & Associates LP raised its holdings in Cross Country Healthcare by 51.4% in the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after purchasing an additional 384,374 shares in the last quarter. Finally, Systematic Financial Management LP raised its holdings in Cross Country Healthcare by 8.5% in 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 purchasing an additional 130,746 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.