Crawford & Company (NYSE:CRD.B) Sees Unusually-High Trading Volume – Here’s Why

Crawford & Company (NYSE:CRD.B) saw unusually-strong trading volume on Monday . Approximately 3,298 shares changed hands during mid-day trading, a decline of 24% from the previous session’s volume of 4,327 shares.The stock last traded at $10.3450 and had previously closed at $10.66.

Crawford & Company Trading Down 0.2%

The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06. The company has a market cap of $518.28 million, a PE ratio of 16.20 and a beta of 0.70. The company has a fifty day simple moving average of $10.55 and a two-hundred day simple moving average of $10.29.

Crawford & Company (NYSE:CRD.B) last announced its quarterly earnings data on Monday, November 3rd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%.The business had revenue of $322.17 million during the quarter, compared to analysts’ expectations of $344.32 million. Analysts anticipate that Crawford & Company will post 0.83 EPS for the current year.

Insider Buying and Selling

In other Crawford & Company news, CEO Rohit Verma sold 125,414 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $11.00, for a total transaction of $1,379,554.00. Following the completion of the transaction, the chief executive officer owned 205,084 shares in the company, valued at $2,255,924. The trade was a 37.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 51.04% of the stock is owned by company insiders.

About Crawford & Company

Crawford & Company (NYSE: CRD.B) is an independent provider of claims management and risk solutions to insurance carriers and self-insured entities worldwide. The company’s services span property and casualty claims adjusting, third-party administration, managed repair, catastrophe response, and risk consulting. Through its network of professionals, Crawford & Company assists clients in streamlining claims processes, controlling costs, and improving customer satisfaction across diverse lines of business.

Founded in 1941 by James O.