TheStreet upgraded shares of CorVel Corp. (NASDAQ:CRVL) from a c+ rating to a b- rating in a report published on Tuesday morning.

Shares of CorVel Corp. (NASDAQ:CRVL) traded up 1.24% during trading on Tuesday, hitting $40.80. 13,110 shares of the stock traded hands. The company has a 50-day moving average of $38.06 and a 200-day moving average of $36.94. The firm has a market cap of $780.38 million, a P/E ratio of 28.53 and a beta of 0.57. CorVel Corp. has a 52 week low of $31.00 and a 52 week high of $53.19.

CorVel Corp. (NASDAQ:CRVL) last announced its earnings results on Tuesday, January 31st. The company reported $0.36 EPS for the quarter. CorVel Corp. had a return on equity of 20.06% and a net margin of 5.49%. On average, analysts forecast that CorVel Corp. will post $2.56 EPS for the current fiscal year.

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In related news, Chairman V Gordon Clemons sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 13th. The stock was sold at an average price of $34.93, for a total value of $87,325.00. Following the sale, the chairman now directly owns 1,766,130 shares in the company, valued at $61,690,920.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 10,500 shares of company stock worth $402,375 over the last quarter. 50.30% of the stock is currently owned by company insiders.

About CorVel Corp.

CorVel Corporation (Corvel) is a provider of workers’ compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers.

5 Day Chart for NASDAQ:CRVL

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