Crawford & Company (NYSE:CRD.A) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Crawford & Company (NYSE:CRD.A) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.64 and traded as high as $11.05. Crawford & Company shares last traded at $10.9540, with a volume of 44,424 shares traded.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Crawford & Company from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $14.00.

Crawford & Company Price Performance

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’s 50-day moving average is $10.92 and its 200 day moving average is $10.63. The stock has a market capitalization of $524.69 million, a PE ratio of 29.90 and a beta of 0.80.

Crawford & Company (NYSE:CRD.A) last announced its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 EPS for the quarter. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The firm 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 Crawford & Company stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $9.90, for a total transaction of $69,913.80. Following the sale, the senior vice president 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Andrew John Bart sold 14,005 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $10.32, for a total value of $144,531.60. Following the completion of the sale, the executive vice president directly owned 113,390 shares of the company’s stock, valued at $1,170,184.80. The trade was a 10.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 58,282 shares of company stock worth $578,875 in the last quarter. Insiders own 54.27% of the company’s stock.

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.