Crawford & Company (NYSE:CRD.B) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Crawford & Company (NYSE:CRD.B) saw strong trading volume on Tuesday . 4,383 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 4,488 shares.The stock last traded at $10.98 and had previously closed at $10.68.

Crawford & Company Price Performance

The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $542.79 million, a PE ratio of 16.97 and a beta of 0.70. The firm’s 50 day simple moving average is $10.35 and its 200 day simple moving average is $10.22.

Crawford & Company (NYSE:CRD.B) last released 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. Crawford & Company had a net margin of 2.42% and a return on equity of 28.00%. The firm had revenue of $322.17 million during the quarter, compared to analyst estimates of $344.32 million. As a group, research analysts anticipate that Crawford & Company will post 0.83 EPS for the current fiscal year.

Insider Transactions at Crawford & Company

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 stock was 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 51.04% of the stock is currently owned by insiders.

Crawford & Company Company Profile

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.