James Cropper (LON:CRPR) Hits New 52-Week High – Here’s Why

James Cropper PLC (LON:CRPR)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 460 and last traded at GBX 454, with a volume of 20697 shares trading hands. The stock had previously closed at GBX 460.

Wall Street Analysts Forecast Growth

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

James Cropper Trading Down 1.8%

The company has a 50-day moving average price of GBX 374.27 and a 200-day moving average price of GBX 343.77. The firm has a market capitalization of £42.23 million, a price-to-earnings ratio of 14.35 and a beta of 0.49. The company has a debt-to-equity ratio of 86.70, a quick ratio of 1.31 and a current ratio of 2.01.

James Cropper (LON:CRPR) last issued its earnings results on Wednesday, July 15th. The company reported GBX 30.80 earnings per share for the quarter. James Cropper had a return on equity of 11.95% and a net margin of 2.82%. As a group, research 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.