James Cropper (LON:CRPR) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

James Cropper PLC (LON:CRPR)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 312.50 and traded as high as GBX 390. James Cropper shares last traded at GBX 371.55, with a volume of 1,001 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of James Cropper in a research note on Monday, November 17th.

James Cropper Stock Performance

The company has a debt-to-equity ratio of 96.80, a current ratio of 2.56 and a quick ratio of 1.31. The firm has a fifty day simple moving average of GBX 358.21 and a two-hundred day simple moving average of GBX 313.31. The firm has a market capitalization of £36.31 million, a P/E ratio of -13.29 and a beta of 0.52.

James Cropper (LON:CRPR) last issued its quarterly earnings results on Monday, November 17th. The company reported GBX 21.40 EPS for the quarter. James Cropper had a negative return on equity of 13.45% and a negative net margin of 3.88%. On average, equities research analysts anticipate that James Cropper PLC will post 10.2657444 earnings per share for the current fiscal year.

James Cropper Company Profile

James Cropper is a global market leader in advanced materials and paper products. Led by the Cropper family for six generations, the business has an international workforce and an operational reach in over 50 countries.

Established in 1845, the Group manufactures paper, packaging and advanced materials incorporating pioneering non-wovens and electrochemical coatings.

James Cropper is a specialist provider of niche solutions tailored to a unique customer specification, ranging from substrates and components in hydrogen electrolysis and fuel cells to bespoke colours and textures in paper and moulded fibre packaging designed to replace single use plastics.

The Group operates across multiple markets from luxury retail to renewable energy.