Cross Country Healthcare Inc. (CCRN): Trading Report of Tuesday, August 04

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Cross Country Healthcare Inc. (NASDAQ:CCRN) changes shares on Tuesday trading session, with a change of 1.02% or $0.06 shares. The trading starts at $6.39 and closed at $6.39 throughout the day. The trading session low price was $6.26 and day high was $6.52 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 0.15 million while its average volume is 309.82K. In other hand, the CCRN market cap reached to $248.13M. While, its current target price is $8.92.

On May 2, 2018, BRIEF-Cross Country Healthcare Q1 Earnings Per Share $0.05. According to the news reported on Reuters, * CROSS COUNTRY HEALTHCARE ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -3.01% and up 4.88% for month. Its quarterly performance was 3.20% above, while its half year performance is down -33.44%. CCRN yearly performance stood at negative -29.74% and fall -44.49% for year-to-date. Current recommendation for Cross Country Healthcare Inc. is 2.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CCRN EPS (TTM) for 12-month is -1.62. EPS for this year is -241.00%, while for the next year its value is 0.20. Its EPS Q/Q reached -17.60%. It has an EPS of -9.60% down for past five years and for the next five years will be up 32.71%.

Let’s take a look on the analyst recommendations on CCRN for the current month and previous month. For the current month, 2 of 7 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $6.00 – $9.00. Average target price for CCRN was reached at $7.30.

Blackrock Inc., Aristotle Capital Boston, LLC and Vanguard Group, Inc. (The) are the top three holders in Cross Country Healthcare Inc. (CCRN) stock. On Mar 30, 2020, Blackrock Inc. has 5.65 million shares which valued 38.05 million. On Mar 30, 2020, Aristotle Capital Boston, LLC owned 2.62 million shares which valued at 17.66 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 2.48 million shares which valued at 16.72 million. In the end, Vanguard Group, Inc. (The) have 6.62% shares outstanding of Cross Country Healthcare Inc. (CCRN) on Mar 30, 2020. The insider ownership moved to 5.80% and institutional holding shifted to 97.20%.

The company posted an EPS (TTM) of -1.62. According to the most recent quarter report on (Jun 2020), 7 analysts estimated an average EPS of -0.03, while 0.01 EPS posted a year ago period. Analyst Estimated EPS for CCRN published in the report was -$0.09 – $0.01 during the same period. Comparing with last year, the average estimated EPS was 0.01 which is higher than -0.01 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CCRN fall -24.99% for period of 200 days. SMA for 50 days was 4.90% which is showing green signal, while SMA-20 was 2.76%. The moving average value for Cross Country Healthcare Inc. (CCRN) is 7.28 and 6.13 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CCRN stock. On Jun 15, Clark Kevin Cronin, President, CEO, bought 4,713 trading shares at the cost of $5.74, which valued at 27053.0. On Jun 15, Saville Stephen Alexis, Vice President of Operations, bought 2,000 shares at the cost of $5.74, with total shares of 63,548. On May 22, Clark Kevin Cronin, President, CEO, bought 4,112 shares at the cost of 5.99. After this transaction, Clark Kevin Cronin total shares reached to 507,501 which valued at 24631.0.