James Cropper (LON:CRPR) Reaches New 12-Month High Following Insider Buying Activity

James Cropper PLC (LON:CRPR) reached a new 52-week high during trading on Monday following insider buying activity. The company traded as high as GBX 710 and last traded at GBX 700, with a volume of 20276 shares trading hands. The stock had previously closed at GBX 667.80.

Specifically, insider Jon Yeung acquired 7,300 shares of the stock in a transaction on Friday, October 2nd. The shares were purchased at an average cost of GBX 645 per share, for a total transaction of £47,085.

Wall Street Analysts Forecast Growth

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

James Cropper Price Performance

The stock has a market capitalization of £65.60 million, a price-to-earnings ratio of 22.29 and a beta of 0.52. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 86.70. The stock has a 50-day simple moving average of GBX 533.01 and a 200 day simple moving average of GBX 403.11.

James Cropper (LON:CRPR) last issued its earnings results 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%. On average, equities research analysts forecast that James Cropper PLC will post 10.2657444 EPS 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.