The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cross Country Healthcares, Inc shares valued at $33,473 were sold by Grieco Cynthia Ann on Aug 02 ’24. At $17.21 per share, Grieco Cynthia Ann sold 1,945 shares. The insider’s holdings dropped to 7,605 shares worth approximately $0.12 million following the completion of this transaction.
Also, Mote Karen sold 13,829 shares, netting a total of over 236,199 in proceeds. Following the sale of shares at $17.08 each, the insider now holds 24,696 shares.
Before that, Krug Marc S. had sold 13,657 shares from its account. In a trade valued at $202,397, the Group President, Delivery traded Cross Country Healthcares, Inc shares for $14.82 each. Upon closing the transaction, the insider’s holdings decreased to 13,657 shares, worth approximately $0.57 million.
As published in a research note from Barrington Research on December 10, 2024, Cross Country Healthcares, Inc [CCRN] has been rated down from an Outperform to a Mkt perform. Analysts at JMP Securities started covering the stock with ‘”a Mkt perform”‘ outlook in a report released in early December. As of November 03, 2023, Jefferies has decreased its “Buy” rating to a “Hold” for CCRN. Earlier on June 26, 2023, William Blair initiated its rating. Their recommendation was “an Outperform” for CCRN stock.
Analyzing CCRN Stock Performance
During the last five days, there has been a drop of approximately -8.51%. Over the course of the year, Cross Country Healthcares, Inc shares have dropped approximately -13.00%. Shares of the company reached a 52-week high of $18.30 on 01/24/25 and a 52-week low of $15.56 on 03/06/25. A 50-day SMA is recorded $17.94, while a 200-day SMA reached $14.97.
Support And Resistance Levels for Cross Country Healthcares, Inc (CCRN)
According to the 24-hour chart, there is a support level at 15.29, which, if violated, would cause prices to drop to 14.79. In the upper region, resistance lies at 16.57. The next price resistance is at 17.35. RSI (Relative Strength Index) is 12.23 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 91.04%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
