Crawford & Company (NYSE:CRD.B) Sees Unusually-High Trading Volume – Should You Buy?

Crawford & Company (NYSE:CRD.B) shares saw unusually-strong trading volume on Monday . Approximately 7,670 shares were traded during mid-day trading, an increase of 46% from the previous session’s volume of 5,268 shares.The stock last traded at $10.3650 and had previously closed at $10.64.

Crawford & Company Stock Performance

The firm’s 50-day simple moving average is $10.20 and its two-hundred day simple moving average is $10.18. The stock has a market capitalization of $499.48 million, a PE ratio of 15.42 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.

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

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.