Crawford & Company (NYSE:CRD.B) Sees Strong Trading Volume – Should You Buy?

Shares of Crawford & Company (NYSE:CRD.B) saw unusually-high trading volume on Thursday . Approximately 8,726 shares were traded during trading, an increase of 104% from the previous session’s volume of 4,287 shares.The stock last traded at $10.53 and had previously closed at $10.36.

Crawford & Company Stock Up 2.2%

The company has a market cap of $521.13 million, a P/E ratio of 16.29 and a beta of 0.70. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.06. The firm has a fifty day moving average price of $10.56 and a 200 day moving average price of $10.30.

Crawford & Company (NYSE:CRD.B) last issued its quarterly 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. The business had revenue of $322.17 million for the quarter, compared to the consensus estimate of $344.32 million. Crawford & Company had a net margin of 2.42% and a return on equity of 28.00%. Equities research analysts forecast that Crawford & Company will post 0.83 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Rohit Verma sold 125,414 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $11.00, for a total value of $1,379,554.00. Following the completion of the transaction, the chief executive officer owned 205,084 shares in the company, valued at $2,255,924. The trade was a 37.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 51.04% of the stock is owned by company 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.