Cross Country Healthcare Inc (NASDAQ: CCRN) stock suffered a major decline of -15.6% on 11/8/24. The shares closed at $10.36. Moreover, above average trading volume at 121% of normal accompanied the decline. The stock has declined -9.2% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CCRN is expected to continue to be a modest Value Builder.
Cross Country Healthcare has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cross Country Healthcare has a slightly positive Appreciation Score of 63 but a very low Power Rating of 3, triggering the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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