Crawford & Company (NYSE:CRD.B) Sees Large Volume Increase – Time to Buy?

Crawford & Company (NYSE:CRD.B) shares saw an uptick in trading volume on Monday . 4,930 shares traded hands during mid-day trading, a decline of 8% from the previous session’s volume of 5,342 shares.The stock last traded at $10.6850 and had previously closed at $11.20.

Crawford & Company Price Performance

The company has a market cap of $536.93 million, a price-to-earnings ratio of 16.79 and a beta of 0.70. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average price is $10.44 and its 200 day moving average price is $10.25.

Crawford & Company (NYSE:CRD.B) last issued its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $322.17 million for the quarter, compared to analyst estimates of $344.32 million. Crawford & Company had a net margin of 2.42% and a return on equity of 28.00%. Equities research analysts forecast that Crawford & Company will post 0.83 earnings per share for the current year.

Insider Transactions at Crawford & Company

In other news, CEO Rohit Verma sold 125,414 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $11.00, for a total transaction of $1,379,554.00. Following the completion of the transaction, the chief executive officer directly owned 205,084 shares of the company’s stock, valued at approximately $2,255,924. This represents a 37.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 51.04% of the company’s stock.

About Crawford & Company

Crawford & Company (NYSE: CRD.B) is an independent provider of claims management and risk solutions to insurance carriers and self-insured entities worldwide. The company’s services span property and casualty claims adjusting, third-party administration, managed repair, catastrophe response, and risk consulting. Through its network of professionals, Crawford & Company assists clients in streamlining claims processes, controlling costs, and improving customer satisfaction across diverse lines of business.

Founded in 1941 by James O.