Crawford & Company (NYSE:CRD.A) Share Price Passes Above 200-Day Moving Average – Here’s Why

Crawford & Company (NYSE:CRD.A)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.67 and traded as high as $11.25. Crawford & Company shares last traded at $11.0450, with a volume of 48,190 shares trading hands.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Crawford & Company from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Crawford & Company currently has a consensus rating of “Buy” and a consensus target price of $14.00.

Crawford & Company Trading Down 0.3%

The company has a 50 day moving average of $10.77 and a 200 day moving average of $10.67. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $538.33 million, a price-to-earnings ratio of 30.68 and a beta of 0.80.

Crawford & Company (NYSE:CRD.A) last announced its earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The company had revenue of $320.13 million for the quarter.

Insider Transactions at Crawford & Company

In other news, SVP Tami E. Stevenson sold 7,062 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $9.90, for a total value of $69,913.80. Following the transaction, the senior vice president directly owned 15,186 shares of the company’s stock, valued at approximately $150,341.40. This trade represents a 31.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Andrew John Bart sold 14,005 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $10.32, for a total transaction of $144,531.60. Following the transaction, the executive vice president owned 113,390 shares in the company, valued at $1,170,184.80. The trade was a 10.99% 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 over the last quarter. Company 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.