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Crawford & Company (NYSE:CRD.B – Get Free Report)’s stock price gapped down before the market opened on Wednesday following insider selling activity. The stock had previously closed at $10.58, but opened at $10.02. Crawford & Company shares last traded at $10.69, with a volume of 110 shares traded.
Specifically, SVP Tami E. Stevenson sold 4,550 shares of the company’s stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $10.92, for a total transaction of $49,686.00. Following the transaction, the senior vice president now owns 31,182 shares of the company’s stock, valued at approximately $340,507.44. This represents a 12.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Crawford & Company Stock Performance
The firm has a fifty day simple moving average of $10.51 and a 200-day simple moving average of $11.10. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The stock has a market cap of $538.55 million, a price-to-earnings ratio of 27.23 and a beta of 0.77.
Crawford & Company (NYSE:CRD.B – Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. Crawford & Company had a return on equity of 22.34% and a net margin of 1.55%. The business had revenue of $312.03 million for the quarter, compared to analyst estimates of $321.90 million. Analysts forecast that Crawford & Company will post 0.83 EPS for the current fiscal year.
Crawford & Company Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.28 annualized dividend and a dividend yield of 2.57%. Crawford & Company’s dividend payout ratio is currently 46.67%.
Crawford & Company Company Profile
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.
See Also
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