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

Zacks Investment Research cut shares of Crawford & Company (NYSE:CRD.B) from a hold rating to a sell rating in a research note released 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 report on Monday, September 30th.

Crawford & Company stock traded up $0.01 during mid-day trading on Thursday, reaching $9.66. 9,367 shares of the company’s stock were exchanged, compared to its average volume of 27,341. The business’s fifty day simple moving average is $9.54 and its 200 day simple moving average is $9.19. The firm has a market capitalization of $490.16 million, a PE ratio of 12.23 and a beta of 0.97. Crawford & Company has a one year low of $8.00 and a one year high of $10.56. The company has a quick ratio of 1.32, a current ratio of 1.31 and a debt-to-equity ratio of 1.40.

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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