Crawford & Company (NYSE:CRD.B) Shares Gap Down – Here’s Why

Crawford & Company (NYSE:CRD.B) shares gapped down prior to trading on Tuesday . The stock had previously closed at $10.57, but opened at $9.84. Crawford & Company shares last traded at $10.20, with a volume of 1,913 shares trading hands.

Crawford & Company Price Performance

The stock has a fifty day moving average of $10.57 and a two-hundred day moving average of $10.32. The stock has a market cap of $517.74 million, a price-to-earnings ratio of 16.19 and a beta of 0.72. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.06.

Insider Buying and Selling 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 value of $1,379,554.00. Following the completion of the transaction, the chief executive officer owned 205,084 shares in the company, valued at $2,255,924. This trade represents a 37.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 51.04% of the stock is currently owned by company insiders.

About Crawford & Company

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.