Cross Country Healthcare (NASDAQ:CCRN) Getting Positive Media Coverage, Study Shows
Headlines about Cross Country Healthcare (NASDAQ:CCRN) have trended positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cross Country Healthcare earned a news impact score of 0.26 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 45.7946419829611 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several research firms recently weighed in on CCRN. Jefferies Group began coverage on shares of Cross Country Healthcare in a research report on Thursday, February 1st. They set a “hold” rating and a $15.00 price target for the company. BidaskClub raised shares of Cross Country Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, December 30th. Lake Street Capital reaffirmed a “hold” rating on shares of Cross Country Healthcare in a report on Friday, March 2nd. Benchmark downgraded shares of Cross Country Healthcare from a “buy” rating to a “hold” rating and set a $19.00 price target on the stock. in a report on Thursday, March 1st. Finally, TheStreet raised shares of Cross Country Healthcare from a “c+” rating to a “b” rating in a report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.14.
Cross Country Healthcare (CCRN) opened at $11.85 on Friday. Cross Country Healthcare has a 52-week low of $9.07 and a 52-week high of $15.09. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.21 and a quick ratio of 2.21. The firm has a market cap of $433.90, a P/E ratio of 11.73, a P/E/G ratio of 2.12 and a beta of 0.75.
In other news, Director W Larry Cash bought 5,000 shares of the business’s stock in a transaction dated Monday, March 5th. The shares were purchased at an average price of $11.23 per share, for a total transaction of $56,150.00. Following the completion of the acquisition, the director now owns 113,580 shares of the company’s stock, valued at $1,275,503.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William J. Grubbs bought 10,000 shares of the business’s stock in a transaction dated Monday, March 5th. The stock was purchased at an average price of $11.18 per share, for a total transaction of $111,800.00. Following the acquisition, the chief executive officer now directly owns 353,741 shares of the company’s stock, valued at approximately $3,954,824.38. The disclosure for this purchase can be found here. 3.90% of the stock is currently owned by company insiders.
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Cross Country Healthcare Company Profile
Cross Country Healthcare, Inc is engaged in providing healthcare recruiting, staffing, recruiting and workforce solutions. The Company operates in three segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. The Nurse and Allied Staffing segment provides traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing.
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