Craneware (LON:CRW) Shares Cross Above Two Hundred Day Moving Average of $1,997.76

Craneware plc (LON:CRW) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,997.76 ($25.39) and traded as high as GBX 2,230 ($28.34). Craneware shares last traded at GBX 2,230 ($28.34), with a volume of 25,578 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank increased their price target on shares of Craneware from GBX 2,300 ($29.23) to GBX 2,600 ($33.05) and gave the stock a “buy” rating in a research report on Monday, March 4th.

Craneware Trading Down 0.9 %

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’s fifty day simple moving average is GBX 2,217.89 and its two-hundred day simple moving average is GBX 2,001.79. The company has a market capitalization of £787.86 million, a price-to-earnings ratio of 10,619.05 and a beta of 0.13.

Craneware Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 21st were issued a dividend of GBX 13 ($0.17) per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a dividend yield of 0.62%. Craneware’s payout ratio 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.