Insider Selling: Emil Hensel Sells 3,000 Shares of Cross Country Healthcare Stock (CCRN)
Cross Country Healthcare (NASDAQ:CCRN) Director Emil Hensel unloaded 3,000 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $6.75, for a total value of $20,250.00. Following the transaction, the director now directly owns 100,608 shares in the company, valued at approximately $679,104. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Cross Country Healthcare (NASDAQ:CCRN) traded up 0.15% during mid-day trading on Friday, hitting $6.75. The stock had a trading volume of 386,550 shares. Cross Country Healthcare has a 52-week low of $4.83 and a 52-week high of $11.54. The stock’s 50-day moving average is $6.27 and its 200-day moving average is $8.3. The company’s market cap is $210.0 million.
Cross Country Healthcare (NASDAQ:CCRN) last announced its earnings results on Wednesday, May 7th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.02. The company had revenue of $118.10 million for the quarter, compared to the consensus estimate of $120.21 million. During the same quarter in the prior year, the company posted ($0.01) earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts predict that Cross Country Healthcare will post $0.05 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on CCRN shares. Analysts at Zacks downgraded shares of Cross Country Healthcare from a “neutral” rating to an “underperform” rating in a research note on Monday, May 12th. They now have a $5.40 price target on the stock.
Cross Country Healthcare, Inc (NASDAQ:CCRN) is engaged in the healthcare staffing services business offering a suite staffing and outsourcing services to the healthcare market.
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