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

Shares of Crawford & Company (NYSE:CRD.B) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.18 and traded as high as $10.65. Crawford & Company shares last traded at $10.3350, with a volume of 7,670 shares.

Crawford & Company Stock Performance

The business has a 50-day moving average price of $10.19 and a 200-day moving average price of $10.18. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $508.59 million, a price-to-earnings ratio of 15.90 and a beta of 0.70.

Crawford & Company (NYSE:CRD.B) last announced its earnings results on Monday, November 3rd. The business services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%.The firm had revenue of $322.17 million for the quarter, compared to the consensus estimate of $344.32 million. As a group, sell-side analysts forecast that Crawford & Company will post 0.83 earnings per share for the current year.

About Crawford & Company

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.