Crawford & Company (NYSE:CRD.B) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Crawford & Company (NYSE:CRD.B) from a sell rating to a hold 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 shares of Crawford & Company from a sell rating to a hold rating in a report on Thursday, November 14th.

Crawford & Company stock traded up $0.10 during mid-day trading on Thursday, reaching $10.10. The company had a trading volume of 3,468 shares, compared to its average volume of 7,686. Crawford & Company has a 1 year low of $8.00 and a 1 year high of $10.79. 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 company has a market capitalization of $540.25 million, a P/E ratio of 12.78 and a beta of 0.97. The stock’s 50-day simple moving average is $9.59 and its 200-day simple moving average is $9.27.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Tuesday, November 19th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.98%. Crawford & Company’s dividend payout ratio (DPR) is presently 25.32%.

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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