Crawford & Company (NYSE:CRD.A) Shares Gap Up – What’s Next?

Crawford & Company (NYSE:CRD.A)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $10.81, but opened at $11.36. Crawford & Company shares last traded at $11.1660, with a volume of 3,798 shares trading hands.

Analysts Set New Price Targets

A number of research firms have issued reports on CRD.A. Wall Street Zen raised shares of Crawford & Company from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barrington Research reaffirmed an “outperform” rating and issued a $14.00 price target on shares of Crawford & Company in a report on Monday, March 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $14.00.

Crawford & Company Trading Up 0.9%

The stock’s fifty day simple moving average is $10.48 and its 200-day simple moving average is $10.66. The firm has a market cap of $552.47 million, a PE ratio of 31.49 and a beta of 0.81. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.14 and a quick ratio of 1.14.

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 firm had revenue of $320.13 million during the quarter.

Insider Buying and Selling at Crawford & Company

In related news, SVP Tami E. Stevenson sold 19,220 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $9.46, for a total transaction of $181,821.20. Following the completion of the transaction, the senior vice president owned 22,248 shares of the company’s stock, valued at $210,466.08. This trade represents a 46.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Andrew John Bart sold 14,005 shares of the firm’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 transaction, the executive vice president directly owned 113,390 shares of the company’s stock, valued at approximately $1,170,184.80. This trade represents a 10.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 58,282 shares of company stock valued at $578,875. 54.27% of the stock is currently owned by corporate insiders.

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.