Crawford & Company (NYSE:CRD.B) Trading Down 6.5% – Time to Sell?

Crawford & Company (NYSE:CRD.B) was down 6.5% on Friday . The stock traded as low as $10.32 and last traded at $10.4250. 527 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 14,969 shares. The stock had previously closed at $11.15.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Crawford & Company from a “hold” rating to a “strong sell” rating in a research report on Monday, March 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Crawford & Company currently has an average rating of “Sell”.

Crawford & Company Stock Up 6.9%

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $537.36 million, a P/E ratio of 30.63 and a beta of 0.61. The stock has a 50 day moving average price of $10.12 and a 200 day moving average price of $10.27.

Crawford & Company (NYSE:CRD.B) last issued its earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). The firm had revenue of $309.52 million during the quarter, compared to analyst estimates of $303.20 million. Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%. On average, research analysts anticipate that Crawford & Company will post 0.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Tami E. Stevenson sold 7,062 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $9.90, for a total value of $69,913.80. Following the sale, the senior vice president 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. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Andrew John Bart sold 14,005 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $10.32, for a total transaction of $144,531.60. Following the completion of the sale, the executive vice president directly owned 113,390 shares in the company, valued at approximately $1,170,184.80. This represents a 10.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 58,282 shares of company stock worth $578,875 over the last three months. Insiders own 51.04% of the company’s stock.

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.