Crawford & Company (NYSE:CRD.B) Shares Gap Down – Here’s Why

Shares of Crawford & Company (NYSE:CRD.B) gapped down prior to trading on Friday . The stock had previously closed at $10.50, but opened at $10.02. Crawford & Company shares last traded at $10.4340, with a volume of 3,106 shares.

Crawford & Company Stock Down 0.2%

The stock’s fifty day moving average price is $10.14 and its 200 day moving average price is $10.20. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.16. The stock has a market cap of $520.43 million, a P/E ratio of 17.69 and a beta of 0.76.

Crawford & Company (NYSE:CRD.B) last announced its earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. The company had revenue of $322.17 million during the quarter, compared to analyst estimates of $344.32 million. Crawford & Company had a net margin of 2.18% and a return on equity of 25.91%. As a group, research analysts forecast that Crawford & Company will post 0.83 earnings per share for the current fiscal year.

Crawford & Company Company Profile

Crawford & Co engages in the provision of claims management and outsourcing solutions to carriers, brokers, and corporates. It operates through the following segments: Crawford Loss Adjusting, Crawford TPA Solutions, and Crawford Platform Solutions. The Crawford Loss Adjusting segment consists of adjusting services provided to insurance companies and self-insured entities related to property and casualty losses caused by physical damage to commercial and residential real property and certain types of personal property.