Crawford & Company (NYSE:CRD.A) Shares Down 5.5% – Time to Sell?

Crawford & Company (NYSE:CRD.A) shares were down 5.5% on Tuesday. The company traded as low as $11.71 and last traded at $11.7550. 21,105 shares were traded during trading, a decline of 64% from the average session volume of 59,436 shares. The stock had previously closed at $12.44.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Crawford & Company from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Buy rating. According to MarketBeat, Crawford & Company has an average rating of “Buy” and a consensus price target of $14.00.

Crawford & Company Trading Down 6.2%

The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.82. The company has a market cap of $567.23 million, a price-to-earnings ratio of 24.83 and a beta of 0.80. The firm has a 50 day moving average price of $12.67 and a two-hundred day moving average price of $11.32.

Crawford & Company (NYSE:CRD.A) last posted its quarterly earnings data on Monday, November 2nd. The business services provider reported $0.37 EPS for the quarter. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%. The company had revenue of $329.91 million for the quarter.

Insider Activity at Crawford & Company

In other Crawford & Company news, EVP Andrew Bart sold 10,118 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $13.17, for a total transaction of $133,254.06. Following the completion of the transaction, the executive vice president owned 101,277 shares in the company, valued at approximately $1,333,818.09. This trade represents a 9.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Jesse Crawford sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $12.81, for a total transaction of $12,810,000.00. Following the completion of the transaction, the insider owned 4,447,188 shares in the company, valued at $56,968,478.28. This trade represents a 18.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,020,093 shares of company stock valued at $13,075,773. Company insiders own 54.27% of the company’s stock.

About Crawford & Company

Crawford & Company is a global provider of claims management and related services for the insurance industry, corporations and government entities. The company helps clients manage property and casualty claims from initial assessment through resolution, with services that include loss adjusting, claims administration, catastrophe response, appraisal, subrogation and settlement support.

Through its Broadspire operations, Crawford also provides third-party administration and specialized workers’ compensation, disability and liability claims services.