James Cropper (LON:CRPR) Shares Pass Above 200 Day Moving Average – Here’s What Happened

James Cropper PLC (LON:CRPR) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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.

Wall Street Analyst Weigh In

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

James Cropper Price Performance

The firm’s 50-day moving average price is GBX 358 and its 200-day moving average price is GBX 341.49. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 86.70. The stock has a market capitalization of £35.93 million, a PE ratio of -13.15 and a beta of 0.48.

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

About James Cropper

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.