Craneware (LON:CRW) Receives “Buy” Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Craneware (LON:CRWGet Rating) in a report published on Monday morning, Marketbeat Ratings reports. They currently have a GBX 2,300 ($27.66) target price on the stock.

Craneware Stock Performance

Shares of LON:CRW opened at GBX 1,512.70 ($18.19) on Monday. The company has a debt-to-equity ratio of 34.69, a current ratio of 1.07 and a quick ratio of 1.00. The business’s 50 day moving average price is GBX 1,608.21 and its 200-day moving average price is GBX 1,778.29. The firm has a market capitalization of ¬£537.61 million, a PE ratio of 6,954.55 and a beta of 0.32. Craneware has a 1 year low of GBX 1,340 ($16.11) and a 1 year high of GBX 2,250 ($27.06).

Craneware Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 14th. Shareholders of record on Thursday, March 23rd will be paid a dividend of GBX 12.50 ($0.15) per share. This represents a yield of 0.83%. The ex-dividend date is Thursday, March 23rd. Craneware’s dividend payout ratio (DPR) is currently 12,727.27%.

Insiders Place Their Bets

In related news, insider Keith Neilson acquired 1,384 shares of the stock in a transaction on Wednesday, February 1st. The shares were bought at an average price of GBX 1,445 ($17.38) per share, with a total value of £19,998.80 ($24,048.58). 21.38% of the stock is currently owned by corporate insiders.

Craneware Company Profile

(Get Rating)

Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. The company provides solutions, such as Trisus pricing transparency software; Trisus Pricing Analyzer, a solution that simplifies and automates the price modeling process; Trisus Chargemaster, an automated chargemaster management solution; InSight Medical Necessity, a solution that offers medical necessity for the United States payors; Trisus Claims Informatics, a retrospective charge capture analytical application that identifies areas of risk for its team to investigate; Trisus Supply, a solution that improves supplies reimbursement; and InSight Audit, an audit management solution for government and commercial payors.

Further Reading

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