Crawford & Company (NYSE:CRD.B) Sees Unusually-High Trading Volume – Here’s What Happened

Crawford & Company (NYSE:CRD.B) shares saw unusually-high trading volume on Tuesday . Approximately 4,383 shares changed hands during 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 Stock Performance

The stock has a market cap of $550.66 million, a P/E ratio of 17.22 and a beta of 0.70. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06. The stock has a 50 day simple moving average of $10.40 and a 200 day simple moving average of $10.23.

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 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 analyst estimates of $344.32 million. On average, equities analysts expect that Crawford & Company will post 0.83 earnings per share for the current year.

Insider Transactions at Crawford & Company

In other Crawford & Company news, CEO Rohit Verma sold 125,414 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $11.00, for a total transaction of $1,379,554.00. Following the sale, the chief executive officer directly owned 205,084 shares in the company, valued at $2,255,924. This represents a 37.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 51.04% of the stock is owned by insiders.

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.