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

Shares of James Cropper PLC (LON:CRPR) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as GBX 810 and last traded at GBX 791.10, with a volume of 52,358 shares trading hands. The stock had previously closed at GBX 700.

Analysts Set New Price Targets

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

James Cropper Trading Up 13.0%

The company has a market cap of £75.59 million, a price-to-earnings ratio of 25.69 and a beta of 0.52. The company has a debt-to-equity ratio of 86.70, a quick ratio of 1.31 and a current ratio of 2.01. The firm has a fifty day moving average price of GBX 583.92 and a 200 day moving average price of GBX 428.67.

Insider Activity at James Cropper

In other news, insider Jon Yeung acquired 7,300 shares of the stock in a transaction dated Friday, October 2nd. The shares were bought at an average cost of GBX 645 per share, for a total transaction of £47,085. 29.56% of the stock is currently owned by company insiders.

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.