Craneware (LON:CRW) Share Price Crosses Below Two Hundred Day Moving Average of $1,593.19

Shares of Craneware plc (LON:CRWGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,593.19 ($19.82) and traded as low as GBX 1,322 ($16.44). Craneware shares last traded at GBX 1,360 ($16.92), with a volume of 119,117 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating and issued a GBX 2,300 ($28.61) target price on shares of Craneware in a research note on Monday, March 6th.

Craneware Price Performance

The company has a debt-to-equity ratio of 33.22, a quick ratio of 1.00 and a current ratio of 1.06. The stock has a market cap of £484.30 million, a PE ratio of 7,157.89 and a beta of 0.31. The business has a 50 day moving average price of GBX 1,286.94 and a two-hundred day moving average price of GBX 1,593.19.

Craneware Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, April 14th. Investors of record on Thursday, March 23rd were issued a GBX 12.50 ($0.16) dividend. The ex-dividend date of this dividend was Thursday, March 23rd. This represents a dividend yield of 0.83%. Craneware’s dividend payout ratio (DPR) is presently 14,736.84%.

Insider Buying and Selling

In other Craneware news, insider Keith Neilson bought 3,484 shares of the stock in a transaction on Monday, March 13th. The shares were acquired at an average price of GBX 1,435 ($17.85) per share, with a total value of £49,995.40 ($62,183.33). 21.42% of the stock is currently owned by 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.

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