Overall market sentiment has been down on Cross Country Healthcare, Inc. (CCRN) stock lately. CCRN receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CCRN Stock Today?
Cross Country Healthcare, Inc. (CCRN) stock has fallen -0.75% while the S&P 500 is up 0.12% as of 2:22 PM on Tuesday, Jan 26. CCRN is lower by -$0.07 from the previous closing price of $9.33 on volume of 111,974 shares. Over the past year the S&P 500 has gained 19.00% while CCRN is lower by -10.62%. CCRN lost -$0.52 per share in the over the last 12 months.
To see the top 5 stocks in the Staffing & Employment Services industry 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.
