Cross Country Healthcares, Inc (NASDAQ:CCRN) shares traded -0.50% lower at $18.07 on Wall Street last session.
CCRN stock price is now 51.46% away from the 50-day moving average and 21.72% away from the 200-day moving average. The market capitalization of the company currently stands at $594.81M.
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On November 03, 2023, Jefferies Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $32 to quote $21, while ‘William Blair’ rates the stock as ‘Outperform’
In other news, Grieco Cynthia Ann, VP, Corporate Treasurer sold 1,945 shares of the company’s stock on Aug 02 ’24. The stock was sold for $33,473 at an average price of $17.21. Upon completion of the transaction, the VP, Corporate Treasurer now directly owns 7,605 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 02 ’24, Pres., Cross Country Locums Mote Karen sold 13,829 shares of the business’s stock. A total of $236,199 was realized by selling the stock at an average price of $17.08. This leaves the insider owning 24,696 shares of the company worth $0.45 million. A total of 5.63% of the company’s stock is owned by insiders.
During the past 12 months, Cross Country Healthcares, Inc has had a low of $9.58 and a high of $23.64. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 2.79, and a quick ratio of 2.79. The fifty day moving average price for CCRN is $11.8386 and a two-hundred day moving average price translates $14.84085 for the stock.
The latest earnings results from Cross Country Healthcares, Inc (NASDAQ: CCRN) was released for 2024-09-30. The net profit margin was -0.12% and return on equity was -0.39% for CCRN. The company reported revenue of $315.12 million for the quarter, compared to $442.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -28.75 percent.
