James Cropper (LON:CRPR) Reaches New 52-Week High – Still a Buy?

James Cropper PLC (LON:CRPR)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 330 ($4.42) and last traded at GBX 330 ($4.42), with a volume of 31598 shares changing hands. The stock had previously closed at GBX 300 ($4.02).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of James Cropper in a report on Wednesday, September 3rd.

James Cropper Price Performance

The stock has a market capitalization of £31.53 million, a P/E ratio of -598.91 and a beta of 0.52. The business has a fifty day simple moving average of GBX 262.94 and a 200-day simple moving average of GBX 227.77. The company has a debt-to-equity ratio of 96.80, a quick ratio of 1.31 and a current ratio of 2.56.

James Cropper (LON:CRPR) last posted its quarterly earnings results on Thursday, July 17th. The company reported GBX (55.10) earnings per share (EPS) for the quarter. James Cropper had a negative return on equity of 13.45% and a negative net margin of 3.88%. Sell-side analysts expect that James Cropper PLC will post 10.2657444 earnings per share 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.