Zacks Investment Research Lowers Crawford & Company (NYSE:CRD.B) to Sell

Zacks Investment Research lowered shares of Crawford & Company (NYSE:CRD.B) from a hold rating to a sell rating in a research report sent to investors on Thursday, Zacks.com reports.

According to Zacks, “CRAWFORD & CO. is a worldwide diversified services firm organized which provides claims services, risk management services, disability managment, risk control services and risk management information services to insurance companies, self-insured corporations and governmental entities. “

Separately, ValuEngine raised Crawford & Company from a sell rating to a hold rating in a research note on Monday, September 30th.

CRD.B stock traded up $0.01 during mid-day trading on Thursday, reaching $9.66. The company’s stock had a trading volume of 9,367 shares, compared to its average volume of 27,341. The company has a market cap of $490.16 million, a price-to-earnings ratio of 12.23 and a beta of 0.97. The business’s 50 day moving average price is $9.54 and its 200 day moving average price is $9.19. The company has a current ratio of 1.31, a quick ratio of 1.32 and a debt-to-equity ratio of 1.40. Crawford & Company has a 12 month low of $8.00 and a 12 month high of $10.56.

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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