Cross Country Healthcares, Inc (NASDAQ: CCRN) on Monday, soared 5.13% from the previous trading day, before settling in for the closing price of $10.34. Within the past 52 weeks, CCRN’s price has moved between $9.58 and $23.64.
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Annual sales at Healthcare sector company grew by 28.45% over the past five years. The company achieved an average annual earnings per share of -76.64%. With a float of $31.06 million, this company’s outstanding shares have now reached $34.38 million.
Let’s look at the performance matrix of the company that is accounted for 2300 employees. 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) Insider Updates
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of Cross Country Healthcares, Inc is 5.63%, while institutional ownership is 106.14%. 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) Performance Highlights and Predictions
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
Cross Country Healthcares, Inc (CCRN) is currently performing well based on its current performance indicators. A quick ratio of 2.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 3.60.
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)
Cross Country Healthcares, Inc (NASDAQ: CCRN) saw its 5-day average volume 0.41 million, a negative change from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 64.72%. Additionally, its Average True Range was 0.59.
During the past 100 days, Cross Country Healthcares, Inc’s (CCRN) raw stochastic average was set at 14.46%, which indicates a significant decrease from 41.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.05% in the past 14 days, which was higher than the 56.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.11, while its 200-day Moving Average is $15.06. Nevertheless, the first resistance level for the watch stands at $11.17 in the near term. At $11.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.87. If the price goes on to break the first support level at $10.47, it is likely to go to the next support level at $10.07. Assuming the price breaks the second support level, the third support level stands at $9.77.
Cross Country Healthcares, Inc (NASDAQ: CCRN) Key Stats
Market capitalization of the company is 356.43 million based on 32,917K outstanding shares. Right now, sales total 2,020 M and income totals 72,630 K. The company made 315,120 K in profit during its latest quarter, and 0 K in sales during its previous quarter.
