Craneware (LON:CRW) Stock Price Crosses Above 200 Day Moving Average of $1,876.65

Craneware plc (LON:CRW) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Wall Street Analyst Weigh In

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

Craneware Price Performance

The company has a market capitalization of £784.77 million, a price-to-earnings ratio of 10,571.43 and a beta of 0.14. The company has a 50-day moving average price of GBX 2,168 and a 200-day moving average price of GBX 1,881.62. 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 announced a dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 21st were paid a GBX 13 ($0.16) dividend. This represents a yield of 0.62%. The ex-dividend date of this dividend was Thursday, March 21st. Craneware’s payout ratio 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.