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

Shore Capital reaffirmed their buy rating on shares of Craneware (LON:CRW – Get 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

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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.