Crawford & Company (NYSE:CRD.B) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Crawford & Company (NYSE:CRD.B)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.18 and traded as high as $10.20. Crawford & Company shares last traded at $10.19, with a volume of 2,643 shares trading hands.

Crawford & Company Stock Up 0.7%

The company has a market cap of $505.83 million, a P/E ratio of 17.27 and a beta of 0.76. The company has a 50 day moving average of $10.23 and a 200-day moving average of $10.18. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.34 and a quick ratio of 1.34.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings results on Thursday, September 14th. The business services provider reported $0.15 earnings per share for the quarter. Crawford & Company had a return on equity of 25.91% and a net margin of 2.18%.The business had revenue of $303.65 million for the quarter. On average, equities analysts predict that Crawford & Company will post 0.83 earnings per share for the current year.

Crawford & Company Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were given a dividend of $0.075 per share. The ex-dividend date was Friday, August 15th. This is a positive change from Crawford & Company’s previous quarterly dividend of $0.07. This represents a $0.30 dividend on an annualized basis and a yield of 2.9%. Crawford & Company’s dividend payout ratio (DPR) is 50.85%.

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.