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The price of Cross Country Healthcares, Inc. (NASDAQ: CCRN) closed at $14.06 in the last session, down -3.23% from day before closing price of $14.53. In other words, the price has decreased by -$3.23 from its previous closing price. On the day, 0.61 million shares were traded. CCRN stock price reached its highest trading level at $14.85 during the session, while it also had its lowest trading level at $14.03.
Ratios:
We take a closer look at CCRN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.98. For the most recent quarter (mrq), Quick Ratio is recorded 3.07 and its Current Ratio is at 3.07. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 475348928 and an Enterprise Value of 410485056. As of this moment, Cross’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.08, and their Forward P/E ratio for the next fiscal year is 19.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.261 whereas that against EBITDA is 8.538.
Stock Price History:
Over the past 52 weeks, CCRN has reached a high of $25.76, while it has fallen to a 52-week low of $12.87. The 50-Day Moving Average of the stock is -6.73%, while the 200-Day Moving Average is calculated to be -18.91%.
Shares Statistics:
According to the various share statistics, CCRN traded on average about 469.71K shares per day over the past 3-months and 619360 shares per day over the past 10 days. A total of 34.38M shares are outstanding, with a floating share count of 31.92M. Insiders hold about 5.58% of the company’s shares, while institutions hold 102.77% stake in the company. Shares short for CCRN as of 1724976000 were 4082102 with a Short Ratio of 8.69, compared to 1722384000 on 4270884. Therefore, it implies a Short% of Shares Outstanding of 4082102 and a Short% of Float of 15.65.
