Crawford & Company (NYSE:CRD.B) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?
by Danessa Lincoln · The Markets DailyCrawford & Company (NYSE:CRD.B – Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.30 and traded as high as $10.87. Crawford & Company shares last traded at $10.4850, with a volume of 2,607 shares traded.
Crawford & Company Price Performance
The firm has a market cap of $515.97 million, a P/E ratio of 16.13 and a beta of 0.70. The company has a fifty day moving average of $10.58 and a 200-day moving average of $10.30. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.36 and a quick ratio of 1.36.
Crawford & Company (NYSE:CRD.B – Get Free Report) last posted its earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $322.17 million during the quarter, compared to analyst estimates of $344.32 million. Crawford & Company had a net margin of 2.42% and a return on equity of 28.00%. On average, sell-side analysts anticipate that Crawford & Company will post 0.83 EPS for the current fiscal year.
Insider Buying and Selling
In other Crawford & Company news, CEO Rohit Verma sold 125,414 shares of Crawford & Company 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 transaction, the chief executive officer owned 205,084 shares of the company’s stock, valued at $2,255,924. This trade represents a 37.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 51.04% of the company’s stock.
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.