Zacks Investment Research Lowers Crawford & Company (NYSE:CRD.B) to Sell

Zacks Investment Research lowered shares of Crawford & Company (NYSE:CRD.B) from a hold rating to a sell rating in a research note published on Thursday, Zacks.com reports.

According to Zacks, “CRAWFORD & CO. is a worldwide diversified services firm organized which provides claims services, risk management services, disability managment, risk control services and risk management information services to insurance companies, self-insured corporations and governmental entities. “

Separately, ValuEngine upgraded Crawford & Company from a sell rating to a hold rating in a research note on Monday, September 30th.

Shares of NYSE:CRD.B traded up $0.01 during midday trading on Thursday, reaching $9.66. 9,367 shares of the company traded hands, compared to its average volume of 27,341. The company has a quick ratio of 1.32, a current ratio of 1.31 and a debt-to-equity ratio of 1.40. Crawford & Company has a 12 month low of $8.00 and a 12 month high of $10.56. The firm has a market capitalization of $490.16 million, a price-to-earnings ratio of 12.23 and a beta of 0.97. The firm’s fifty day moving average price is $9.54 and its two-hundred day moving average price is $9.19.

Crawford & Company Company Profile

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.

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