Crawford & Company (NYSE:CRD.B) Shares Gap Down – What’s Next?

Crawford & Company (NYSE:CRD.B) gapped down before the market opened on Tuesday . The stock had previously closed at $10.64, but opened at $10.14. Crawford & Company shares last traded at $10.3050, with a volume of 19,894 shares trading hands.

Crawford & Company Price Performance

The company’s 50-day moving average is $10.56 and its 200-day moving average is $10.30. The firm has a market capitalization of $525.81 million, a price-to-earnings ratio of 16.44 and a beta of 0.72. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.36 and a quick ratio of 1.36.

Insider Buying and Selling

In other Crawford & Company news, CEO Rohit Verma sold 125,414 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $11.00, for a total transaction of $1,379,554.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.