Craneware (LON:CRW) Shares Cross Above Two Hundred Day Moving Average of $1,876.65

Craneware plc (LON:CRW)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,876.65 ($23.36) and traded as high as GBX 2,240 ($27.88). Craneware shares last traded at GBX 2,240 ($27.88), with a volume of 33,066 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their price objective on shares of Craneware from GBX 2,300 ($28.63) to GBX 2,600 ($32.37) and gave the company a “buy” rating in a research report on Monday, March 4th.

Craneware Trading Down 0.5 %

The business’s 50-day moving average price is GBX 2,166.20 and its 200 day moving average price is GBX 1,876.65. The company has a market cap of £788.02 million, a P/E ratio of 10,666.67 and a beta of 0.14. The company has a debt-to-equity ratio of 19.15, a quick ratio of 1.00 and a current ratio of 0.78.

Craneware Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 21st were given a GBX 13 ($0.16) dividend. This represents a dividend yield of 0.62%. The ex-dividend date was Thursday, March 21st. Craneware’s dividend payout ratio (DPR) is presently 13,809.52%.

About Craneware

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.