Crawford & Company (NYSE:CRD.A) Hits New 1-Year High – Here’s What Happened

Crawford & Company (NYSE:CRD.A)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $13.79 and last traded at $13.7310, with a volume of 151818 shares changing hands. The stock had previously closed at $13.77.

Wall Street Analyst Weigh In

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

Crawford & Company Stock Down 1.3%

The company has a debt-to-equity ratio of 0.82, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market capitalization of $660.61 million, a price-to-earnings ratio of 28.92 and a beta of 0.79. The firm’s 50-day moving average price is $11.24 and its 200 day moving average price is $10.70.

Crawford & Company (NYSE:CRD.A) last posted its earnings results on Monday, August 3rd. The business services provider reported $0.38 earnings per share (EPS) for the quarter. The firm had revenue of $321.44 million for the quarter. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%.

Insider Buying and Selling at Crawford & Company

In other news, EVP Andrew John Bart sold 14,005 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was 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 $1,170,184.80. This represents a 10.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 32,000 shares of company stock valued at $327,140 over the last ninety days. 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.