Craneware (LON:CRW) Share Price Crosses Above 200 Day Moving Average of $1,486.50

Craneware plc (LON:CRW)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,486.50 ($18.25) and traded as high as GBX 1,655.03 ($20.32). Craneware shares last traded at GBX 1,650 ($20.26), with a volume of 68,328 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 2,300 ($28.25) price objective on shares of Craneware in a research note on Tuesday, September 5th.

Craneware Stock Up 1.2 %

The firm has a 50 day moving average price of GBX 1,561.90 and a 200-day moving average price of GBX 1,487.80. The company has a current ratio of 0.89, a quick ratio of 1.00 and a debt-to-equity ratio of 26.44. The firm has a market cap of £583.28 million, a PE ratio of 7,857.14 and a beta of 0.22.

Craneware Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 23rd will be given a dividend of GBX 16 ($0.20) per share. This is a boost from Craneware’s previous dividend of $12.50. This represents a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, November 23rd. Craneware’s payout ratio is 13,809.52%.

Insider Buying and Selling

In other Craneware news, insider Will Whitehorn purchased 1,600 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were bought at an average cost of GBX 1,560 ($19.16) per share, for a total transaction of £24,960 ($30,652.09). Insiders own 20.98% of the company’s stock.

Craneware Company Profile

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.