Crawford & Company (NYSE:CRD.B) Lifted to Hold at ValuEngine

ValuEngine upgraded shares of Crawford & Company (NYSE:CRD.B) from a sell rating to a hold rating in a research report released on Thursday, ValuEngine reports.

Separately, Zacks Investment Research upgraded Crawford & Company from a sell rating to a hold rating in a report on Wednesday, November 13th.

CRD.B traded up $0.02 during trading on Thursday, hitting $10.11. 23,884 shares of the stock were exchanged, compared to its average volume of 6,792. The firm has a 50 day simple moving average of $9.57 and a 200 day simple moving average of $9.25. The firm has a market cap of $538.66 million, a price-to-earnings ratio of 12.80 and a beta of 0.97. 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 quick ratio of 1.31 and a current ratio of 1.31.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Tuesday, November 19th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.98%. Crawford & Company’s payout ratio is currently 25.32%.

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.

Read More: Diluted Earnings Per Share

To view ValuEngine’s full report, visit ValuEngine’s official website.

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