Crawford & Company (NYSE:CRD.A) Downgraded to “Strong Sell” at ValuEngine

ValuEngine lowered shares of Crawford & Company (NYSE:CRD.A) from a sell rating to a strong sell rating in a research note released on Wednesday morning, ValuEngine reports.

Shares of NYSE CRD.A traded up $0.12 during midday trading on Wednesday, hitting $10.68. 16,006 shares of the company’s stock traded hands, compared to its average volume of 49,566. Crawford & Company has a 1 year low of $8.11 and a 1 year high of $10.95. The stock has a market capitalization of $573.38 million, a price-to-earnings ratio of 13.18 and a beta of 0.99. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a fifty day moving average of $10.26 and a 200 day moving average of $9.68.

Crawford & Company (NYSE:CRD.A) last released its quarterly earnings results on Monday, August 5th. The business services provider reported $0.21 EPS for the quarter. Crawford & Company had a net margin of 2.69% and a return on equity of 24.97%. The firm had revenue of $256.88 million during the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Wednesday, August 21st were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.62%.

About Crawford & Company

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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