Cross Country Healthcare, Inc. (NASDAQ:CCRN) Receives Average Rating of “Hold” from Analysts

Cross Country Healthcare, Inc. (NASDAQ:CCRN) has been assigned a consensus rating of “Hold” from the five brokerages that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $18.41.

A number of analysts have recently weighed in on the stock. Barrington Research reissued a “market perform” rating and set a $18.61 price target on shares of Cross Country Healthcare in a research report on Friday, March 14th. StockNews.com initiated coverage on shares of Cross Country Healthcare in a report on Tuesday. They issued a “hold” rating for the company. Finally, JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th.

Institutional Investors Weigh In On Cross Country Healthcare

Several institutional investors and hedge funds have recently bought and sold shares of CCRN. Quadrant Capital Group LLC acquired a new stake in Cross Country Healthcare during the fourth quarter worth about $25,000. Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare during the fourth quarter worth about $46,000. Virtu Financial LLC acquired a new stake in Cross Country Healthcare during the third quarter worth about $153,000. Mint Tower Capital Management B.V. acquired a new stake in Cross Country Healthcare during the fourth quarter worth about $182,000. Finally, Guggenheim Capital LLC acquired a new stake in Cross Country Healthcare during the fourth quarter worth about $201,000. Institutional investors and hedge funds own 96.03% of the company’s stock.

Cross Country Healthcare Trading Down 1.7 %

CCRN stock opened at $13.51 on Tuesday. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $18.50. The company has a market capitalization of $442.94 million, a P/E ratio of -270.15, a PEG ratio of 3.32 and a beta of 0.25. The firm has a 50 day simple moving average of $15.27 and a 200-day simple moving average of $15.36.

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.