Crawford & Company (NYSE:CRD.A) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Crawford & Company (NYSE:CRD.A)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.69 and traded as high as $11.54. Crawford & Company shares last traded at $11.3720, with a volume of 23,046 shares changing hands.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CRD.A shares. Barrington Research reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of Crawford & Company in a research note on Monday, March 9th. Wall Street Zen upgraded shares of Crawford & Company from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $14.00.

Crawford & Company Stock Down 0.1%

The company has a market capitalization of $554.27 million, a price-to-earnings ratio of 31.59 and a beta of 0.80. 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 $10.73 and a 200-day moving average price of $10.69.

Crawford & Company (NYSE:CRD.A) last released its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share for the quarter. The business had revenue of $320.13 million during the quarter. Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%.

Insider Transactions at Crawford & Company

In other Crawford & Company news, SVP Tami E. Stevenson sold 7,062 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $9.90, for a total value of $69,913.80. Following the completion of the transaction, the senior vice president directly owned 15,186 shares in the company, valued at $150,341.40. This trade represents a 31.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Andrew John Bart sold 14,005 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $10.32, for a total transaction of $144,531.60. Following the sale, the executive vice president owned 113,390 shares in the company, valued at $1,170,184.80. This represents a 10.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 58,282 shares of company stock valued at $578,875 over the last ninety days. 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.