James Cropper (LON:CRPR) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

James Cropper PLC (LON:CRPR) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 341.24 and traded as high as GBX 364. James Cropper shares last traded at GBX 364, with a volume of 2,198 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of James Cropper in a report on Thursday, July 2nd.

James Cropper Price Performance

The company has a quick ratio of 1.31, a current ratio of 2.01 and a debt-to-equity ratio of 86.70. The stock has a market cap of £34.62 million, a P/E ratio of -12.67 and a beta of 0.48. The firm has a 50 day moving average price of GBX 356.74 and a 200 day moving average price of GBX 341.24.

James Cropper (LON:CRPR) last released its earnings results on Wednesday, July 15th. The company reported GBX 30.80 earnings per share (EPS) for the quarter. James Cropper had a net margin of 2.82% and a return on equity of 11.95%. On average, analysts forecast that James Cropper PLC will post 10.2657444 EPS 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.