Craneware (LON:CRW) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Craneware (LON:CRWFree Report) in a research report sent to investors on Tuesday morning, MarketBeat reports. Berenberg Bank currently has a GBX 2,700 ($35.50) target price on the stock.

Craneware Trading Up 2.6 %

Shares of LON:CRW opened at GBX 2,340 ($30.77) on Tuesday. The business’s 50 day moving average price is GBX 2,317.58 and its 200-day moving average price is GBX 2,264.44. The company has a debt-to-equity ratio of 12.22, a current ratio of 0.63 and a quick ratio of 1.00. The firm has a market capitalization of £826.49 million, a price-to-earnings ratio of 9,360.00 and a beta of 0.28. Craneware has a 1 year low of GBX 1,340.71 ($17.63) and a 1 year high of GBX 2,509.20 ($32.99).

Craneware Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Thursday, November 28th will be issued a GBX 16 ($0.21) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.77%. This is a positive change from Craneware’s previous dividend of $13.00. Craneware’s dividend payout ratio (DPR) is presently 11,600.00%.

About Craneware

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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.

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