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

Crawford & Company (NYSE:CRD.B) saw unusually-strong trading volume on Wednesday . Approximately 25,285 shares were traded during trading, an increase of 376% from the previous session’s volume of 5,310 shares.The stock last traded at $10.0950 and had previously closed at $10.10.

Crawford & Company Trading Up 0.3%

The firm has a market capitalization of $502.90 million, a PE ratio of 17.20 and a beta of 0.76. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.16. The business’s fifty day moving average price is $10.11 and its 200 day moving average price is $10.18.

Crawford & Company (NYSE:CRD.B) last released its earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Crawford & Company had a net margin of 2.18% and a return on equity of 25.91%. The firm had revenue of $322.17 million during the quarter, compared to the consensus estimate of $344.32 million. As a group, analysts expect that Crawford & Company will post 0.83 EPS for the current fiscal year.

About Crawford & Company

Crawford & Co engages in the provision of claims management and outsourcing solutions to carriers, brokers, and corporates. It operates through the following segments: Crawford Loss Adjusting, Crawford TPA Solutions, and Crawford Platform Solutions. The Crawford Loss Adjusting segment consists of adjusting services provided to insurance companies and self-insured entities related to property and casualty losses caused by physical damage to commercial and residential real property and certain types of personal property.