Craneware (LON:CRW) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Craneware plc (LON:CRW)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,200.31 and traded as low as GBX 1,910. Craneware shares last traded at GBX 1,910, with a volume of 33,442 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CRW. Peel Hunt restated a “buy” rating and issued a GBX 2,871 price target on shares of Craneware in a research report on Monday, September 15th. Berenberg Bank lifted their target price on Craneware from GBX 2,800 to GBX 2,900 and gave the stock a “buy” rating in a research report on Monday, September 15th. Finally, Shore Capital restated a “buy” rating and set a GBX 2,850 price target on shares of Craneware in a research note on Tuesday, September 16th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Craneware currently has a consensus rating of “Buy” and a consensus price target of GBX 2,873.67.

Craneware Price Performance

The stock has a market cap of £680.00 million, a price-to-earnings ratio of 34.69 and a beta of 0.28. The company has a quick ratio of 1.00, a current ratio of 0.63 and a debt-to-equity ratio of 12.22. The company’s 50-day moving average is GBX 2,046.35 and its 200-day moving average is GBX 2,200.31.

Craneware Company Profile

For over 25 years, The Craneware Group (AIM:CRW.L) has been a leader in healthcare financial and operational transformation, delivering cutting-edge technologies that drive measurable impact. Our Trisus® cloud ecosystem unifies data, revenue intelligence, margin intelligence, and advanced analytics, enabling healthcare organizations to optimize performance, improve financial sustainability, and drive strategic growth. As a trusted Microsoft partner, we provide future-ready solutions-including the Best in KLAS Trisus Chargemaster – that simplify the complexities of healthcare finance and operations.