Crawford & Company (NYSE:CRD.A) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Crawford & Company (NYSE:CRD.A)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.69 and traded as high as $11.54. Crawford & Company shares last traded at $11.3720, with a volume of 23,046 shares traded.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CRD.A. Wall Street Zen upgraded Crawford & Company from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barrington Research restated an “outperform” rating and set a $14.00 price objective on shares of Crawford & Company in a research report on Monday, March 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $14.00.

Crawford & Company Trading Down 0.1%

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 cap of $554.27 million, a price-to-earnings ratio of 31.59 and a beta of 0.80. The company’s 50 day simple moving average is $10.73 and its two-hundred day simple moving average is $10.69.

Crawford & Company (NYSE:CRD.A) last issued 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 during the quarter.

Insider Buying and Selling at Crawford & Company

In other Crawford & Company news, EVP Andrew John Bart sold 14,005 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $10.32, for a total value of $144,531.60. Following the transaction, the executive vice president directly owned 113,390 shares of the company’s stock, valued at $1,170,184.80. This represents a 10.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Tami E. Stevenson sold 7,062 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $9.90, for a total value of $69,913.80. Following the completion of the transaction, the senior vice president directly owned 15,186 shares in the company, valued at approximately $150,341.40. The trade was a 31.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 58,282 shares of company stock valued at $578,875. 54.27% of the stock is owned by corporate insiders.

About Crawford & Company

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.