Craneware (LON:CRW) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Craneware plc (LON:CRWGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,747.79 and traded as low as GBX 1,514. Craneware shares last traded at GBX 1,530.74, with a volume of 270,751 shares traded.

Wall Street Analyst Weigh In

Several brokerages recently commented on CRW. UBS Group reaffirmed a “buy” rating and issued a GBX 570 price objective on shares of Craneware in a report on Wednesday, March 25th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,900 price objective on shares of Craneware in a report on Tuesday, January 20th. Finally, Shore Capital Group reaffirmed a “buy” rating and issued a GBX 2,850 price objective on shares of Craneware in a report on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Craneware has a consensus rating of “Buy” and an average price target of GBX 2,297.75.

Read Our Latest Stock Analysis on Craneware

Craneware Stock Up 0.6%

The company has a fifty day simple moving average of GBX 1,447.04 and a 200-day simple moving average of GBX 1,747.79. The firm has a market cap of £528.57 million, a P/E ratio of 24.34 and a beta of 0.28. The company has a quick ratio of 1.00, a current ratio of 0.76 and a debt-to-equity ratio of 7.93.

About Craneware

(Get Free Report)

For over 25 years, The Craneware Group (AIM:CRW.L) has been a leader in healthcare financial and operational transformation, delivering cutting-edge technologies that drive measurable impact. Our TrisusĀ® cloud ecosystem unifies data, revenue intelligence, margin intelligence, and advanced analytics, enabling healthcare organizations to optimize performance, improve financial sustainability, and drive strategic growth. As a trusted Microsoft partner, we provide future-ready solutions-including the Best in KLAS Trisus Chargemaster – that simplify the complexities of healthcare finance and operations.

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