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

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

Wall Street Analyst Weigh In

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

James Cropper Stock Performance

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

Insiders Place Their Bets

In other James Cropper news, insider Jon Yeung purchased 7,300 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was bought at an average cost of GBX 645 per share, with a total value of £47,085. 29.56% of the stock is currently owned by company insiders.

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.