James Cropper (LON:CRPR) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

James Cropper PLC (LON:CRPR) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 342.57 and traded as high as GBX 388. James Cropper shares last traded at GBX 388, with a volume of 287 shares traded.

Analyst Ratings Changes

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

James Cropper Trading Up 1.9%

The company has a market cap of £36.02 million, a PE ratio of -13.18 and a beta of 0.48. The company has a debt-to-equity ratio of 86.70, a current ratio of 2.01 and a quick ratio of 1.31. The company has a 50-day moving average of GBX 352.06 and a 200 day moving average of GBX 342.37.

James Cropper (LON:CRPR) last issued its quarterly earnings data 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%. Analysts predict that James Cropper PLC will post 10.2657444 earnings per share for the current 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.