Crawford & Company (NYSE:CRD.B) Sees Strong Trading Volume – Here’s What Happened

Crawford & Company (NYSE:CRD.B) shares saw unusually-high trading volume on Monday . Approximately 3,298 shares changed hands during trading, a decline of 24% from the previous session’s volume of 4,327 shares.The stock last traded at $10.3450 and had previously closed at $10.66.

Crawford & Company Price Performance

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 stock has a market cap of $515.23 million, a PE ratio of 16.11 and a beta of 0.70. The company’s 50 day moving average is $10.58 and its 200-day moving average is $10.30.

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 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 return on equity of 28.00% and a net margin of 2.42%. As a group, sell-side analysts predict that Crawford & Company will post 0.83 earnings per share for the current year.

Insider Activity at Crawford & Company

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

Crawford & Company Company Profile

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.