Craneware (LON:CRW) Shares Cross Below 200 Day Moving Average – Here’s Why

Craneware plc (LON:CRW – Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 1,320.89 and traded as low as GBX 1,066. Craneware shares last traded at GBX 1,088, with a volume of 60,557 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their target price on shares of Craneware from GBX 2,600 to GBX 1,600 and set a “buy” rating on the stock in a research report on Monday, September 21st. Three analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 1,673.33.

View Our Latest Research Report on CRW

Craneware Stock Performance

The company has a market capitalization of £381.40 million, a price-to-earnings ratio of 19.89 and a beta of 0.28. The stock’s 50-day moving average price is GBX 1,207.59 and its 200-day moving average price is GBX 1,319.30. The company has a debt-to-equity ratio of 14.60, a quick ratio of 1.00 and a current ratio of 0.83.

Insider Buying and Selling

In other news, insider Susan Nelson bought 1,408 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were purchased at an average price of GBX 1,054 per share, for a total transaction of £14,840.32. Also, insider Craig Preston sold 14,656 shares of the stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of GBX 1,035, for a total value of £151,689.60. 1.23% of the stock is currently owned by corporate insiders.

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 Trisus® 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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