James Cropper (LON:CRPR) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

James Cropper PLC (LON:CRPR)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 244.85 ($3.27) and traded as high as GBX 300 ($4.01). James Cropper shares last traded at GBX 296.50 ($3.96), with a volume of 6,242 shares traded.

Analysts Set New Price Targets

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

James Cropper Stock Performance

The stock’s 50-day moving average price is GBX 284.95 and its 200-day moving average price is GBX 244.85. The company has a current ratio of 2.56, a quick ratio of 1.31 and a debt-to-equity ratio of 96.80. The company has a market capitalization of £28.33 million, a P/E ratio of -5.38 and a beta of 0.52.

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.