James Cropper (LON:CRPR) Sets New 12-Month High – Still a Buy?

Shares of James Cropper PLC (LON:CRPR) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 406.95 and last traded at GBX 398, with a volume of 36350 shares traded. The stock had previously closed at GBX 325.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of James Cropper in a research note on Monday, November 17th.

James Cropper Price Performance

The firm has a 50 day moving average price of GBX 325.74 and a 200 day moving average price of GBX 285.91. The stock has a market capitalization of £38.03 million, a PE ratio of -13.92 and a beta of 0.52. The company has a current ratio of 2.56, a quick ratio of 1.31 and a debt-to-equity ratio of 96.80.

James Cropper (LON:CRPR) last released its quarterly earnings results on Monday, November 17th. The company reported GBX 21.40 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%. Research analysts anticipate 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.