Crawford & Company (NYSE:CRD.B) Shares Gap Down – Time to Sell?

Crawford & Company (NYSE:CRD.B) gapped down before the market opened on Thursday . The stock had previously closed at $10.61, but opened at $10.19. Crawford & Company shares last traded at $10.5390, with a volume of 282 shares traded.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Crawford & Company from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Crawford & Company Stock Performance

The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.86. The business has a 50 day moving average price of $10.15 and a 200 day moving average price of $10.27. The stock has a market cap of $518.35 million, a P/E ratio of 29.54 and a beta of 0.61.

Crawford & Company (NYSE:CRD.B) last issued its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%.The business had revenue of $309.52 million for the quarter, compared to the consensus estimate of $303.20 million. As a group, sell-side analysts expect that Crawford & Company will post 0.92 EPS for the current year.

Insider Buying and Selling at Crawford & Company

In other news, EVP Andrew John Bart sold 14,005 shares of Crawford & Company stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $10.32, for a total transaction of $144,531.60. Following the completion of the sale, the executive vice president directly owned 113,390 shares in the company, valued at approximately $1,170,184.80. This trade represents a 10.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Tami E. Stevenson sold 7,062 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $9.90, for a total transaction of $69,913.80. Following the sale, the senior vice president directly owned 15,186 shares of the company’s stock, valued at $150,341.40. This represents a 31.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 58,282 shares of company stock valued at $578,875. Corporate insiders own 51.04% of the company’s stock.

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.