The stock of Cross Country Healthcare, Inc. (NASDAQ:CCRN) is a huge mover today! The stock increased 17.08% or $1.98 during the last trading session, hitting $13.57. About 926,531 shares traded hands or 386.95% up from the average. Cross Country Healthcare, Inc. (NASDAQ:CCRN) has risen 0.43% since April 1, 2016 and is uptrending. It has underperformed by 0.78% the S&P500.
The move comes after 7 months positive chart setup for the $464.43M company. It was reported on Nov, 3 by Barchart.com. We have $24.97 PT which if reached, will make NASDAQ:CCRN worth $390.12M more.
Cross Country Healthcare, Inc. (NASDAQ:CCRN) Ratings Coverage
Out of 3 analysts covering Cross Country Healthcare (NASDAQ:CCRN), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Cross Country Healthcare has been the topic of 5 analyst reports since August 9, 2015 according to StockzIntelligence Inc. Cantor Fitzgerald maintained it with “Buy” rating and $20 target price in Friday, November 6 report. The firm has “Buy” rating given on Sunday, August 9 by Cantor Fitzgerald. The stock has “Buy” rating given by Lake Street on Wednesday, October 7. The rating was maintained by UBS on Friday, March 11 with “Buy”.
According to Zacks Investment Research, “Cross Country, Inc. is a provider of healthcare staffing services. They also provide staffing of clinical research professionals and allied healthcare professionals, such as radiology technicians, rehabilitation therapists and respiratory therapists. Their staffing operations are complemented by other human capital management services, including search and recruitment, consulting, education and training and resource management services.”
Insitutional Activity: The institutional sentiment is 1.07 in 2016 Q2. Its the same as in 2016Q1. The ratio is flat, as 21 funds sold all Cross Country Healthcare, Inc. shares owned while 40 reduced positions. only 17 funds bought stakes while 48 increased positions. They now own 31.32 million shares or 2.17% less from 32.01 million shares in 2016Q1.
Thrivent Financial For Lutherans last reported 73,490 shares in the company. Manufacturers Life The last reported 0% of its portfolio in the stock. Moreover, Art Advsr Limited Liability has 0.02% invested in Cross Country Healthcare, Inc. (NASDAQ:CCRN) for 29,058 shares. Parametric Port Lc has 0% invested in the company for 37,495 shares. Kennedy Capital Mgmt Inc has 0.09% invested in the company for 302,164 shares. Wedge Management L L P Nc owns 34,100 shares or 0% of their US portfolio. Teachers Retirement Sys Of The State Of Kentucky owns 16,200 shares or 0% of their US portfolio. Citigroup has 11,589 shares for 0% of their US portfolio. Falcon Point Capital last reported 87,915 shares in the company. Tiaa Cref Inv Mngmt Ltd Liability Com reported 216,803 shares or 0% of all its holdings. Globeflex Capital Lp reported 79,196 shares or 0.3% of all its holdings. Clarivest Asset Mgmt Limited Liability has 0.06% invested in the company for 148,031 shares. Oxford Asset Management reported 51,887 shares or 0.03% of all its holdings. Savings Bank Of New York Mellon Corporation reported 371,721 shares or 0% of all its holdings. Principal Incorporated last reported 230,569 shares in the company.
Insider Transactions: Since June 13, 2016, the stock had 4 buys, and 1 sale for $177,990 net activity. On Monday, June 13 the insider Dean Deborah A. sold $98,487. On Friday, August 12 the insider CASH W LARRY bought $36,660. $12,040 worth of shares were bought by Burns William J. on Wednesday, August 10. DIRCKS THOMAS C bought 10,000 shares worth $107,477. 10,000 shares with value of $120,300 were bought by Grubbs William J on Wednesday, August 10.
More notable recent Cross Country Healthcare, Inc. (NASDAQ:CCRN) news were published by: Prnewswire.com which released: “Cross Country Healthcare Travel Nurses Complete Fourth Mission Trip to Ecuador” on October 26, 2016, also Businesswire.com with their article: “Cross Country Healthcare Announces Third Quarter 2016 Financial Results” published on November 02, 2016, Businesswire.com published: “Cross Country Healthcare to Acquire Mediscan” on October 19, 2015. More interesting news about Cross Country Healthcare, Inc. (NASDAQ:CCRN) were released by: Prnewswire.com and their article: “Cross Country Healthcare Celebrates Corporate Expansion And New Headquarters …” published on September 01, 2016 as well as Prnewswire.com‘s news article titled: “Cross Country Healthcare Ranked Amongst the Largest U.S. Staffing Firms” with publication date: July 19, 2016.
CCRN Company Profile
Cross Country Healthcare, Inc. (CCRN), incorporated on May 20, 1999, is engaged in providing healthcare recruiting, staffing and workforce solutions. The Firm operates in three divisions: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. In addition, the Company is engaged in providing multi-specialty locum tenens (temporary physician staffing) services, as well as other human capital management services focused on healthcare. The Company’s workforce solutions include managed service programs (MSPs), electronic medical record (EMR) transition/upgrade staffing, internal resource pool (IRP) consulting and development, recruitment process outsourcing (RPO), optimal workforce solutions, predictive analytics and education healthcare services. It has presence in the United States through approximately 70 branches.
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