Crawford & Company (NYSE:CRD.A) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Crawford & Company (NYSE:CRD.A)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.67 and traded as high as $11.10. Crawford & Company shares last traded at $10.9360, with a volume of 84,175 shares traded.

Analyst Ratings Changes

Several research firms have weighed in on CRD.A. Barrington Research reiterated an “outperform” rating and set a $14.00 target price 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 research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $14.00.

Crawford & Company Stock Down 2.6%

The firm has a market cap of $518.59 million, a price-to-earnings ratio of 29.56 and a beta of 0.81. The firm’s fifty day moving average is $10.36 and its two-hundred day moving average is $10.67. 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 data 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 net margin of 1.37% and a return on equity of 24.21%.

Insider Activity

In other Crawford & Company news, EVP Andrew John Bart sold 14,005 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $10.32, for a total value of $144,531.60. Following the completion of the sale, the executive vice president directly owned 113,390 shares of the company’s stock, valued at approximately $1,170,184.80. This represents a 10.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Tami E. Stevenson sold 7,062 shares of the company’s stock in a transaction dated 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 directly owned 15,186 shares of the company’s stock, valued at $150,341.40. The trade was a 31.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,282 shares of company stock valued at $578,875 in the last ninety days. Corporate 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.