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

Shares of Crawford & Company (NYSE:CRD.B) saw unusually-high trading volume on Monday . Approximately 4,930 shares traded hands during trading, a decline of 8% from the previous session’s volume of 5,342 shares.The stock last traded at $10.6850 and had previously closed at $11.20.

Crawford & Company Stock Up 1.1%

The company has a market capitalization of $537.37 million, a price-to-earnings ratio of 16.80 and a beta of 0.70. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.36 and a quick ratio of 1.36. The firm’s fifty day moving average price is $10.48 and its 200-day moving average price is $10.26.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings data on Monday, November 3rd. The business services provider reported $0.32 earnings per share 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 company had revenue of $322.17 million for the quarter, compared to the consensus estimate of $344.32 million. Sell-side analysts expect that Crawford & Company will post 0.83 earnings per share for the current fiscal year.

Insider Buying and Selling at Crawford & Company

In other news, CEO Rohit Verma sold 125,414 shares of the company’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 value of $1,379,554.00. Following the completion of the transaction, the chief executive officer owned 205,084 shares of the company’s stock, valued at $2,255,924. This represents a 37.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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.