Cross Country Healthcare (NASDAQ:CCRN) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday.
Other analysts have also issued research reports about the stock. Barrington Research set a $11.00 target price on shares of Cross Country Healthcare and gave the company a “buy” rating in a research report on Thursday, November 15th. BidaskClub upgraded shares of Cross Country Healthcare from a “hold” rating to a “buy” rating in a research report on Friday, January 11th. Zacks Investment Research upgraded shares of Cross Country Healthcare from a “sell” rating to a “hold” rating in a research report on Monday, December 17th. SunTrust Banks lowered shares of Cross Country Healthcare from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. Finally, BMO Capital Markets dropped their price target on shares of Cross Country Healthcare from $10.00 to $8.00 and set a “market perform” rating for the company in a research note on Thursday, February 28th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $10.00.
Cross Country Healthcare stock traded down $0.25 during mid-day trading on Friday, reaching $7.34. The company had a trading volume of 244,603 shares, compared to its average volume of 220,837. Cross Country Healthcare has a fifty-two week low of $6.91 and a fifty-two week high of $12.90. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 2.28. The firm has a market capitalization of $273.94 million, a P/E ratio of 61.17, a P/E/G ratio of 7.79 and a beta of 1.15.
About Cross Country Healthcare
Cross Country Healthcare, Inc provides healthcare staffing, recruiting, and workforce solutions in the United States. The company operates in three segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing; short-term staffing of registered nurses, licensed practical nurses, certified nurse assistants, practitioners, pharmacists, and other allied professionals on per diem and short-term assignments; and travel allied professionals on long-term contract assignments.
Further Reading: What are the benefits of a balanced fund?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Cross Country Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cross Country Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.