Free Trial

Craneware (LON:CRW) Hits New 12-Month High - Here's What Happened

Craneware logo with Medical background

Key Points

  • Craneware plc reached a new 52-week high during trading, with shares climbing to GBX 2,580 ($35.22), marking a significant increase from the previous closing price of GBX 2,500 ($34.13).
  • Analysts are optimistic about Craneware, with several firms issuing "buy" ratings and setting price targets between GBX 2,850 and GBX 2,900, contributing to an average target price of GBX 2,873.67.
  • The company has a market capitalization of £905.61 million and shows promising performance metrics with a PE ratio of 6,017.65 and a quick ratio of 1.00.
  • Five stocks we like better than Craneware.

Craneware plc (LON:CRW - Get Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 2,580 ($34.76) and last traded at GBX 2,547 ($34.32), with a volume of 30832 shares changing hands. The stock had previously closed at GBX 2,500 ($33.68).

Wall Street Analysts Forecast Growth

CRW has been the topic of a number of recent research reports. Peel Hunt reiterated a "buy" rating and issued a GBX 2,871 price objective on shares of Craneware in a report on Monday, September 15th. Shore Capital reiterated a "buy" rating and issued a GBX 2,850 price objective on shares of Craneware in a report on Tuesday, September 16th. Finally, Berenberg Bank lifted their price objective on shares of Craneware from GBX 2,800 to GBX 2,900 and gave the company a "buy" rating in a report on Monday, September 15th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 2,873.67.

Check Out Our Latest Report on CRW

Craneware Stock Performance

The stock has a market capitalization of £842.76 million, a price-to-earnings ratio of 5,600.00 and a beta of 0.28. The company's fifty day simple moving average is GBX 2,295.74 and its 200 day simple moving average is GBX 2,037.93. The company has a quick ratio of 1.00, a current ratio of 0.63 and a debt-to-equity ratio of 12.22.

About Craneware

(Get Free Report)

The Craneware Group, the market leader in automated value cycle solutions, including 340B management, collaborates with U.S. healthcare providers to plan, execute, and monitor operational and financial performance so they can continue to deliver quality care to their communities. Customers choose The Craneware Group's Trisus data and applications platform as their key to navigating the journey to financially sustainable value-based care.

Featured Stories

Should You Invest $1,000 in Craneware Right Now?

Before you consider Craneware, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Craneware wasn't on the list.

While Craneware currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.