Crawford & Company (NYSE:CRD.B) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 43,200 shares, a decline of 20.1% from the December 15th total of 54,100 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is presently 4.4 days.
Several analysts have weighed in on CRD.B shares. ValuEngine upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Zacks Investment Research upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.
Crawford & Company stock traded up $0.11 during trading hours on Tuesday, hitting $9.21. 10,100 shares of the stock traded hands, compared to its average volume of 14,433. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.31 and a quick ratio of 1.31. The firm’s 50 day moving average price is $10.03 and its 200-day moving average price is $9.62. The stock has a market capitalization of $486.07 million, a price-to-earnings ratio of 11.66 and a beta of 1.04. Crawford & Company has a 1 year low of $8.00 and a 1 year high of $10.79.
Crawford & Company (NYSE:CRD.B) last posted its quarterly earnings results on Monday, November 4th. The business services provider reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.01. The business had revenue of $254.68 million for the quarter, compared to the consensus estimate of $258.48 million. Crawford & Company had a return on equity of 28.60% and a net margin of 2.98%. Research analysts forecast that Crawford & Company will post 0.73 earnings per share for the current fiscal year.
Crawford & Company Company Profile
Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.
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