Crawford & Company (NYSE:CRD.A) Shares Cross Above 200-Day Moving Average – Should You Sell?

Shares of Crawford & Company (NYSE:CRD.A) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.64 and traded as high as $11.30. Crawford & Company shares last traded at $11.09, with a volume of 63,020 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Crawford & Company from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $14.00.

Crawford & Company Price Performance

The firm has a 50-day moving average of $11.03 and a 200-day moving average of $10.64. The stock has a market cap of $532.06 million, a PE ratio of 30.32 and a beta of 0.80. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.14 and a quick ratio of 1.14.

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

Insider Activity at Crawford & Company

In other Crawford & Company news, EVP Andrew John Bart sold 14,005 shares of Crawford & Company stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $10.32, for a total value of $144,531.60. Following the sale, the executive vice president directly owned 113,390 shares in the company, valued at approximately $1,170,184.80. The trade was a 10.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Tami E. Stevenson sold 7,062 shares of Crawford & Company 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 completion of the sale, the senior vice president owned 15,186 shares in the company, valued at approximately $150,341.40. This represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 58,282 shares of company stock worth $578,875. Company insiders own 54.27% of the company’s stock.

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. 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.