Craneware (LON:CRW) Shares Cross Above Two Hundred Day Moving Average of $1,925.17

Craneware plc (LON:CRW)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,925.17 ($24.18) and traded as high as GBX 2,244 ($28.19). Craneware shares last traded at GBX 2,240 ($28.14), with a volume of 294,209 shares changing hands.

Analyst Upgrades and Downgrades

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

Craneware Stock Up 1.3 %

The company has a quick ratio of 1.00, a current ratio of 0.78 and a debt-to-equity ratio of 19.15. The company has a fifty day moving average price of GBX 2,181.99 and a 200-day moving average price of GBX 1,925.17. The stock has a market capitalization of £801.57 million, a P/E ratio of 10,666.67 and a beta of 0.13.

Craneware Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 21st were issued a GBX 13 ($0.16) dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a dividend yield of 0.62%. Craneware’s dividend payout ratio (DPR) is 13,809.52%.

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.