Craneware (LON:CRW) Reaches New 52-Week High at $2,300.00

Posted by Joe Tyrrell on May 2nd, 2024

Craneware plc (LON:CRW – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 2,300 ($28.89) and last traded at GBX 2,275 ($28.58), with a volume of 60642 shares traded. The stock had previously closed at GBX 2,240 ($28.14).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their price target on Craneware from GBX 2,300 ($28.89) to GBX 2,600 ($32.66) and gave the stock a “buy” rating in a research note on Monday, March 4th.

Read Our Latest Analysis on CRW

Craneware Trading Up 1.6 %

The stock has a market capitalization of £803.76 million, a price-to-earnings ratio of 10,790.48 and a beta of 0.13. The business has a 50-day moving average of GBX 2,181.99 and a 200-day moving average of GBX 1,925.17. 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 business also recently declared a dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 21st were given a dividend of GBX 13 ($0.16) per share. This represents a yield of 0.62%. The ex-dividend date of this dividend was Thursday, March 21st. Craneware’s payout ratio is 13,809.52%.

Craneware Company Profile

(Get Free Report)

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.