Overall market sentiment has been high on Cross Country Healthcare, Inc. (CCRN) stock lately. CCRN receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With CCRN Stock Today?
Cross Country Healthcare, Inc. (CCRN) stock is up 9.16% while the S&P 500 is down -0.34% as of 10:20 AM on Thursday, May 6. CCRN is up $1.30 from the previous closing price of $14.19 on volume of 270,198 shares. Over the past year the S&P 500 has risen 44.79% while CCRN is up 147.84%. CCRN lost -$0.36 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Cross Country Healthcare, Inc. click here.
More About Cross Country Healthcare, Inc.
Cross Country Healthcare Inc is a provider of staffing, recruiting, and workforce solutions to healthcare clients such as private and public hospitals, government facilities, outpatient clinics, ambulatory care facilities, and physician practice groups, among others. The company operates in three business segments: nurse and allied staffing, physician staffing, and search. The nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services. The other services offered by the company include physician staffing, search for healthcare executives, and recruitment process outsourcing. The company earns majority of its revenue from the United States.
Click Here to get the full Stock Score Report on Cross Country Healthcare, Inc. (CCRN) Stock.
