Alert: Major Price Decline (3/5/24)-Crawford & Co (NYSE: CRD.A).

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Crawford & Co (NYSE: CRD.A) stock closed at $8.99 on 3/5/24 after a major decline of -28.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 356% of normal. The stock has declined -32.8% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, CRD.A is expected to continue to be a major Value Builder.

Crawford has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Crawford has a neutral Appreciation Score of 53 but a very high Power Rating of 90, producing the Positive Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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