Crawford & Company (NYSE:CRD.B) Shares Gap Down – Here’s What Happened

Crawford & Company (NYSE:CRD.BGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $10.79, but opened at $10.20. Crawford & Company shares last traded at $10.47, with a volume of 1,610 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Crawford & Company from a “hold” rating to a “strong sell” rating in a research report on Monday, March 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

View Our Latest Analysis on CRD.B

Crawford & Company Trading Up 2.0%

The company has a market cap of $510.55 million, a price-to-earnings ratio of 29.10 and a beta of 0.61. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a fifty day moving average price of $10.06 and a 200 day moving average price of $10.26.

Crawford & Company (NYSE:CRD.BGet Free Report) last released its quarterly earnings data on Monday, May 4th. The business services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.04). The company had revenue of $309.52 million during the quarter, compared to analyst estimates of $303.20 million. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. As a group, equities analysts predict that Crawford & Company will post 0.92 EPS for the current fiscal year.

Insider Activity at Crawford & Company

In other news, EVP Andrew John Bart sold 14,005 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $10.32, for a total value of $144,531.60. Following the completion of the sale, the executive vice president owned 113,390 shares of the company’s stock, valued at approximately $1,170,184.80. This represents a 10.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Tami E. Stevenson sold 7,062 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $9.90, for a total value of $69,913.80. Following the completion of the sale, the senior vice president directly owned 15,186 shares of the company’s stock, valued at approximately $150,341.40. The trade was a 31.74% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 58,282 shares of company stock valued at $578,875. 51.04% of the stock is currently owned by insiders.

Crawford & Company Company Profile

(Get Free Report)

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.

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