Cross Country Healthcare (NASDAQ:CCRN) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Cross Country Healthcare, Inc. (NASDAQ:CCRN) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.95 and traded as high as $10.05. Cross Country Healthcare shares last traded at $10.04, with a volume of 408,789 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CCRN shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Cross Country Healthcare in a research note on Friday, March 27th. Cross Research set a $14.00 target price on shares of Cross Country Healthcare in a research report on Thursday, March 5th. Benchmark upgraded shares of Cross Country Healthcare from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research report on Thursday, March 5th. Wedbush upgraded shares of Cross Country Healthcare from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $11.00 to $15.00 in a research report on Thursday, March 19th. Finally, Zacks Research upgraded shares of Cross Country Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Cross Country Healthcare has an average rating of “Hold” and a consensus price target of $12.53.

Cross Country Healthcare Trading Down 0.3%

The stock has a market cap of $317.49 million, a P/E ratio of -3.37, a PEG ratio of 10.41 and a beta of 0.34. The firm’s 50-day simple moving average is $9.19 and its 200 day simple moving average is $9.92.

Cross Country Healthcare (NASDAQ:CCRN) last posted its quarterly earnings data on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.09). The company had revenue of $236.76 million during the quarter, compared to the consensus estimate of $254.30 million. Cross Country Healthcare had a negative net margin of 9.00% and a positive return on equity of 0.13%. Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. On average, analysts anticipate that Cross Country Healthcare, Inc. will post 0.53 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its holdings in shares of Cross Country Healthcare by 50.0% in the second quarter. BNP Paribas Financial Markets now owns 3,424 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 1,142 shares in the last quarter. Gabelli Funds LLC boosted its holdings in shares of Cross Country Healthcare by 0.4% in the fourth quarter. Gabelli Funds LLC now owns 368,632 shares of the business services provider’s stock valued at $2,986,000 after acquiring an additional 1,348 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Cross Country Healthcare by 3.1% in the second quarter. Bank of America Corp DE now owns 73,321 shares of the business services provider’s stock valued at $957,000 after acquiring an additional 2,198 shares in the last quarter. Strs Ohio boosted its holdings in shares of Cross Country Healthcare by 6.0% in the third quarter. Strs Ohio now owns 44,000 shares of the business services provider’s stock valued at $625,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Brooklyn Investment Group boosted its holdings in shares of Cross Country Healthcare by 25.4% in the fourth quarter. Brooklyn Investment Group now owns 13,267 shares of the business services provider’s stock valued at $109,000 after acquiring an additional 2,684 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc, headquartered in Boca Raton, Florida, is a leading provider of healthcare workforce solutions in the United States. The company specializes in the recruitment, placement and management of nursing and allied health professionals on both a travel and permanent basis. Through its integrated platform, Cross Country Healthcare serves hospitals, health systems, and long-term care facilities by matching qualified clinical talent with patient care needs across diverse care settings.

The company’s core service offerings include travel nurse and allied health staffing, per diem staffing, permanent placement services, and managed services programs.