Crawford & Company (NYSE:CRD.B) Shares Gap Down – Should You Sell?

Crawford & Company (NYSE:CRD.B)’s share price gapped down prior to trading on Friday . The stock had previously closed at $10.54, but opened at $10.21. Crawford & Company shares last traded at $10.3060, with a volume of 142 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Crawford & Company from a “hold” rating to a “strong sell” rating in a report on Monday, March 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Crawford & Company Stock Down 2.0%

The company has a 50 day moving average price of $10.20 and a two-hundred day moving average price of $10.30. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $502.76 million, a PE ratio of 26.49 and a beta of 0.67.

Crawford & Company (NYSE:CRD.B) last posted its quarterly earnings results on Monday, March 2nd. The business services provider reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.08). Crawford & Company had a return on equity of 26.21% and a net margin of 1.50%.The business had revenue of $308.52 million during the quarter, compared to analysts’ expectations of $332.41 million. Analysts expect that Crawford & Company will post 0.83 EPS for the current year.

Crawford & Company Company Profile

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.