Craneware (OTCMKTS:CRWRF) Trading Down 24.5% – What’s Next?

Craneware plc (OTCMKTS:CRWRFGet Free Report) fell 24.5% during trading on Thursday . The stock traded as low as $24.20 and last traded at $24.20. 1,000 shares traded hands during mid-day trading, an increase of 38% from the average session volume of 725 shares. The stock had previously closed at $32.07.

Craneware Stock Performance

The business has a 50-day moving average price of $28.10 and a two-hundred day moving average price of $30.31.

About Craneware

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Craneware plc is a software company that specializes in healthcare revenue integrity and financial performance solutions. Its cloud-based platform enables hospitals and health systems to identify and recover lost revenue, optimize charge capture, and ensure compliance with payer contracts. The company’s technology combines clinical, financial and operational data to deliver analytics, auditing and payment integrity tools designed to reduce revenue leakage and improve margins.

Founded in 2001 and headquartered in Edinburgh, Scotland, Craneware has developed a suite of products that support every stage of the hospital revenue cycle.

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