Cross Country Healthcare, Inc. (CCRN Quick QuoteCCRN - Free Report) was a big mover last session, as its shares rose a little over 6% on the day. The move came after the company announced that it has signed a definitive agreement to acquire substantially all of the assets and business of Advantage RN and its affiliates for an aggregate purchase price of $88 million, subject to a post-closing working capital adjustment. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 12% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Cross Country Healthcare currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Cross Country Healthcare, Inc. Price

 

Cross Country Healthcare, Inc. Price | Cross Country Healthcare, Inc. Quote

A better-ranked stock in the Staffing Firms space is Kelly Services, Inc. (KELYA Quick QuoteKELYA - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CCRN going up? Or down? Predict to see what others think: Up or Down

3 Stocks to Ride a 588% Revenue Explosion                    

At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...

By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>