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

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

Other research analysts also recently issued reports about the stock. William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research restated a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Truist Financial upped their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $18.54.

Cross Country Healthcare Trading Up 0.3 %

CCRN opened at $18.25 on Thursday. Cross Country Healthcare has a 12-month low of $9.58 and a 12-month high of $23.15. The firm has a 50 day moving average of $15.99 and a two-hundred day moving average of $14.59. The firm has a market capitalization of $600.74 million, a PE ratio of -364.93, a P/E/G ratio of 3.35 and a beta of 0.46.

Hedge Funds Weigh In On Cross Country Healthcare

Hedge funds have recently bought and sold shares of the business. Truvestments Capital LLC acquired a new position in shares of Cross Country Healthcare during the 3rd quarter worth approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Cross Country Healthcare during the third quarter worth $49,000. Point72 DIFC Ltd purchased a new position in Cross Country Healthcare during the third quarter valued at $52,000. Gladius Capital Management LP grew its position in shares of Cross Country Healthcare by 83.4% in the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 1,812 shares during the period. Finally, US Bancorp DE increased its stake in shares of Cross Country Healthcare by 10,909.3% during the third quarter. US Bancorp DE now owns 4,734 shares of the business services provider’s stock worth $64,000 after purchasing an additional 4,691 shares in the last quarter. 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.