Crawford & Company (NYSE:CRD.A) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Crawford & Company (NYSE:CRD.A) from a buy rating to a strong-buy rating in a research note released on Saturday.

Crawford & Company Price Performance

Crawford & Company stock opened at $13.06 on Friday. The stock’s fifty day moving average price is $11.29 and its two-hundred day moving average price is $10.71. Crawford & Company has a one year low of $8.77 and a one year high of $13.79. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market cap of $635.09 million, a PE ratio of 27.80 and a beta of 0.79.

Crawford & Company (NYSE:CRD.A) last announced its quarterly earnings data on Monday, August 3rd. The business services provider reported $0.38 earnings per share for the quarter. The firm had revenue of $321.44 million during the quarter. Crawford & Company had a return on equity of 28.15% and a net margin of 1.81%.

Insider Buying and Selling

In related news, EVP Andrew John Bart sold 14,005 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $10.32, for a total value of $144,531.60. Following the completion of the transaction, the executive vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 32,000 shares of company stock valued at $327,140 over the last three months. 54.27% of the stock is owned by 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.