Crawford & Company (NYSE:CRD.A) Raised to “Strong-Buy” at Wall Street Zen

Crawford & Company (NYSE:CRD.A) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

Crawford & Company Stock Performance

Crawford & Company stock opened at $13.70 on Friday. The company has a market cap of $666.05 million, a PE ratio of 29.15 and a beta of 0.79. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.82. Crawford & Company has a 1 year low of $8.77 and a 1 year high of $13.79. The company’s 50-day moving average is $11.24 and its two-hundred day moving average is $10.70.

Crawford & Company (NYSE:CRD.A) last issued its quarterly earnings results on Monday, August 3rd. The business services provider reported $0.38 EPS for the quarter. Crawford & Company had a net margin of 1.81% and a return on equity of 28.15%. The company had revenue of $321.44 million during the quarter.

Insider Activity at Crawford & Company

In other news, EVP Andrew John Bart sold 14,005 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $10.32, for a total value of $144,531.60. Following the transaction, the executive vice president owned 113,390 shares of the company’s stock, valued at $1,170,184.80. This represents a 10.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 32,000 shares of company stock worth $327,140. Insiders own 54.27% of the company’s stock.

About Crawford & Company

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses. It also offers services in the areas of field investigation, catastrophe, evaluation, and resolution of property and casualty insurance claims; and various on-demand inspection, verification, and other task specific field services for businesses and consumers through a mobile platform.