Cross Country Healthcares, Inc (CCRN) with a beta value of 0.62 appears to be a promising investment opportunity.

On Monday, Cross Country Healthcares, Inc (NASDAQ: CCRN) was 5.40% up from the session before settling in for the closing price of $9.81. A 52-week range for CCRN has been $9.58 – $23.64.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 28.45%. When this article was written, the company’s average yearly earnings per share was at -76.64%. With a float of $31.06 million, this company’s outstanding shares have now reached $34.38 million.

Considering the fact that the conglomerate employs 2300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.95%, operating margin of 0.78%, and the pretax margin is 0.03%.

Cross Country Healthcares, Inc (CCRN) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cross Country Healthcares, Inc stocks. The insider ownership of Cross Country Healthcares, Inc is 5.63%, while institutional ownership is 106.11%. The most recent insider transaction that took place on Aug 02 ’24, was worth 33,473. In this transaction VP, Corporate Treasurer of this company sold 1,945 shares at a rate of $17.21, taking the stock ownership to the 7,605 shares. Before that another transaction happened on Aug 02 ’24, when Company’s Pres., Cross Country Locums sold 13,829 for $17.08, making the entire transaction worth $236,199. This insider now owns 24,696 shares in total.

Cross Country Healthcares, Inc (CCRN) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.29 earnings per share (EPS) during the time that was better than consensus figure (set at 0.27) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -76.64% per share during the next fiscal year.

Cross Country Healthcares, Inc (NASDAQ: CCRN) Trading Performance Indicators

You can see what Cross Country Healthcares, Inc (CCRN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23. Likewise, its price to free cash flow for the trailing twelve months is 3.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.58 in one year’s time.

Technical Analysis of Cross Country Healthcares, Inc (CCRN)

Compared to the last year’s volume of 0.54 million, its volume of 0.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.37%. Additionally, its Average True Range was 0.67.

During the past 100 days, Cross Country Healthcares, Inc’s (CCRN) raw stochastic average was set at 8.52%, which indicates a significant decrease from 24.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.10% in the past 14 days, which was higher than the 55.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.45, while its 200-day Moving Average is $15.30. Nevertheless, the first resistance level for the watch stands at $10.73 in the near term. At $11.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.65. If the price goes on to break the first support level at $9.81, it is likely to go to the next support level at $9.28. Now, if the price goes above the second support level, the third support stands at $8.89.

Cross Country Healthcares, Inc (NASDAQ: CCRN) Key Stats

There are 32,917K outstanding shares of the company, which has a market capitalization of 333.56 million. As of now, sales total 2,020 M while income totals 72,630 K. Its latest quarter income was 315,120 K while its last quarter net income were 0 K.