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

Analysts at StockNews.com started coverage on shares of Cross Country Healthcare (NASDAQ:CCRN) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the business services provider’s stock.

CCRN has been the topic of a number of other research reports. William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Benchmark downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Barrington Research reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. Truist Financial lifted their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $18.54.

Cross Country Healthcare Trading Down 0.6 %

NASDAQ CCRN opened at $16.86 on Tuesday. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $19.25. The stock’s 50 day moving average is $18.00 and its 200 day moving average is $15.12. The stock has a market cap of $553.28 million, a PE ratio of -337.13, a P/E/G ratio of 3.32 and a beta of 0.44.

Hedge Funds Weigh In On Cross Country Healthcare

Large investors have recently modified their holdings of the stock. Quadrant Capital Group LLC bought a new position in shares of Cross Country Healthcare during the 4th quarter valued at approximately $25,000. Plato Investment Management Ltd bought a new position in shares of Cross Country Healthcare during the 4th quarter valued at approximately $46,000. Truvestments Capital LLC bought a new position in shares of Cross Country Healthcare during the 3rd quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Cross Country Healthcare during the 3rd quarter valued at approximately $49,000. Finally, Point72 DIFC Ltd bought a new position in Cross Country Healthcare in the 3rd quarter valued at $52,000. 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.