Cross Country Healthcares, Inc. (NASDAQ:CCRN) currently has a daily average trading volume of 405.49K but it saw 865637 shares traded in last market. With a market cap of 634.20M USD, the company’s current market price of $18.24 came rising about 1.11 while comparing to the previous closing price of $18.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.58 and as low as $12.87.
Taking a look at 20-day trading activity of Cross Country Healthcares, Inc. (CCRN) gives us an average price of $15.09, while its current price level is -31.38% below from 52-week high level whereas it is 41.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.66 while that of 200 days or SMA-200 reads an average of $18.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.61% during that period while stretching the period over a month that decreases to 4.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 80.60 which implies that the stock is in overbought territory.
Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on November 03, 2023 while assigning a price target range of $32-$21.
Over the week, CCRN’s stock price is moving 15.81% up while it is 33.24% when we observe its performance for the past one month. Year-to-date it is -19.43% down and over the past year, the stock is showing a downside performance of -29.30%.
Currently, Cross Country Healthcares, Inc.’s total number of outstanding shares is 34.38M. Company’s return on investment (ROI) stands at 9.76% and return on equity (ROE) at 9.97%. It has a price to earnings ratio (P/E ratio) of 13.99 while having a 20.50 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 1.34 while price to sale or P/S ratio amounts to 0.36. Its return on asset (ROA) is 5.85% on average.
