Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Cross Country Healthcares, Inc (NASDAQ: CCRN) was $10.37 for the day, up 0.29% from the previous closing price of $10.34. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.58 million shares were traded. CCRN stock price reached its highest trading level at $10.39 during the session, while it also had its lowest trading level at $10.11.
Ratios:
Our analysis of CCRN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.45. For the most recent quarter (mrq), Quick Ratio is recorded 2.79 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 03, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $32 to $21.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 02 ’24 when Grieco Cynthia Ann sold 1,945 shares for $17.21 per share. The transaction valued at 33,473 led to the insider holds 7,605 shares of the business.
Mote Karen sold 13,829 shares of CCRN for $236,199 on Aug 02 ’24. The Pres., Cross Country Locums now owns 24,696 shares after completing the transaction at $17.08 per share. On May 30 ’24, another insider, Krug Marc S., who serves as the Group President, Delivery of the company, sold 13,657 shares for $14.82 each. As a result, the insider received 202,397 and left with 36,020 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCRN now has a Market Capitalization of 341345152 and an Enterprise Value of 281732640. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.195 whereas that against EBITDA is 9.073.
Stock Price History:
Over the past 52 weeks, CCRN has reached a high of $23.64, while it has fallen to a 52-week low of $9.58. The 50-Day Moving Average of the stock is -16.21%, while the 200-Day Moving Average is calculated to be -32.02%.
Shares Statistics:
CCRN traded an average of 786.97K shares per day over the past three months and 796910 shares per day over the past ten days. A total of 34.38M shares are outstanding, with a floating share count of 31.06M. Insiders hold about 5.63% of the company’s shares, while institutions hold 106.11% stake in the company. Shares short for CCRN as of 1730332800 were 2874373 with a Short Ratio of 3.65, compared to 1727654400 on 3995184. Therefore, it implies a Short% of Shares Outstanding of 2874373 and a Short% of Float of 11.41.
