Crawford & Company (NYSE:CRD.B) Stock Price Up 5.2% - Should You Buy?

Crawford & Company (NYSE:CRD.B - Get Free Report) shot up 5.2% on Tuesday . The company traded as high as $10.46 and last traded at $10.37. 514 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 5,741 shares. The stock had previously closed at $9.86.

Crawford & Company Trading Up 1.0%

The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $493.55 million, a P/E ratio of 24.95 and a beta of 0.77. The firm has a 50 day moving average of $10.32 and a 200-day moving average of $10.97.

Crawford & Company (NYSE:CRD.B - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The business services provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $312.03 million during the quarter, compared to analysts' expectations of $321.90 million. Crawford & Company had a return on equity of 22.34% and a net margin of 1.55%. On average, equities research analysts predict that Crawford & Company will post 0.83 earnings per share for the current fiscal year.

Crawford & Company Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Friday, May 23rd. Crawford & Company's dividend payout ratio (DPR) is presently 46.67%.

Insiders Place Their Bets

In other news, SVP Tami E. Stevenson sold 4,100 shares of the company's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $11.81, for a total transaction of $48,421.00. Following the completion of the transaction, the senior vice president now directly owns 35,732 shares in the company, valued at approximately $421,994.92. This represents a 10.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO William B. Swain, Jr. sold 9,659 shares of the company's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $10.85, for a total transaction of $104,800.15. Following the completion of the transaction, the chief financial officer now owns 319,331 shares of the company's stock, valued at approximately $3,464,741.35. This trade represents a 2.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 43,209 shares of company stock worth $458,936 over the last ninety days. Corporate insiders own 51.04% of the company's stock.

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.