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

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

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

Cross Country Healthcare Trading Down 2.9 %

Shares of Cross Country Healthcare stock opened at $14.09 on Friday. The stock’s fifty day simple moving average is $16.62 and its 200 day simple moving average is $15.24. The company has a market capitalization of $462.34 million, a PE ratio of -281.74, a PEG ratio of 3.32 and a beta of 0.25. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $18.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CCRN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Cross Country Healthcare by 4.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider’s stock valued at $334,000 after acquiring an additional 817 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of 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 valued at $137,000 after purchasing an additional 1,250 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of Cross Country Healthcare in the fourth quarter valued at approximately $25,000. Geode Capital Management LLC boosted its holdings in Cross Country Healthcare by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 754,368 shares of the business services provider’s stock worth $13,702,000 after purchasing an additional 2,112 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new position in Cross Country Healthcare during the fourth quarter worth $46,000. 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.