Crawford & Company (NYSE:CRD.A – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $11.32 and traded as high as $12.10. Crawford & Company shares last traded at $11.92, with a volume of 73,898 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Crawford & Company from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, Crawford & Company currently has an average rating of “Buy” and an average price target of $14.00.
View Our Latest Report on Crawford & Company
Crawford & Company Price Performance
The company has a market capitalization of $579.43 million, a price-to-earnings ratio of 22.49 and a beta of 0.85. The company has a quick ratio of 1.19, a current ratio of 1.17 and a debt-to-equity ratio of 0.82. The company has a 50 day simple moving average of $12.60 and a 200 day simple moving average of $11.32.
Crawford & Company (NYSE:CRD.A – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The business services provider reported $0.37 EPS for the quarter. The company had revenue of $329.91 million for the quarter. Crawford & Company had a return on equity of 29.17% and a net margin of 2.01%.
Insider Buying and Selling
In other Crawford & Company news, major shareholder Jesse C. Crawford sold 1,000,000 shares of Crawford & Company stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $12.81, for a total transaction of $12,810,000.00. Following the transaction, the insider directly owned 4,447,188 shares of the company’s stock, valued at $56,968,478.28. The trade was a 18.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Andrew Bart sold 3,305 shares of Crawford & Company stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $13.36, for a total transaction of $44,154.80. Following the transaction, the executive vice president directly owned 86,395 shares in the company, valued at approximately $1,154,237.20. This trade represents a 3.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,020,093 shares of company stock valued at $13,075,773. Corporate insiders own 54.27% of the company’s stock.
About Crawford & Company
Crawford & Company is a global provider of claims management and related services for the insurance industry, corporations and government entities. The company helps clients manage property and casualty claims from initial assessment through resolution, with services that include loss adjusting, claims administration, catastrophe response, appraisal, subrogation and settlement support.
Through its Broadspire operations, Crawford also provides third-party administration and specialized workers’ compensation, disability and liability claims services.
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