James Cropper (LON:CRPR) Sets New 1-Year High – Time to Buy?

James Cropper PLC (LON:CRPR) shares reached a new 52-week high during trading on Monday. The stock traded as high as GBX 840 and last traded at GBX 826.90, with a volume of 57,223 shares changing hands. The stock had previously closed at GBX 839.

James Cropper Stock Down 0.6%

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 company has a fifty day moving average price of GBX 662.29 and a 200-day moving average price of GBX 429.01. The stock has a market capitalization of £77.40 million, a P/E ratio of 26.30 and a beta of 0.52.

Insider Buying and Selling

In other news, insider Jon Yeung purchased 7,300 shares of the business’s stock in a transaction that occurred on 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 owned by 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.