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

Shares of James Cropper PLC (LON:CRPR) hit a new 52-week high during trading on Wednesday. The company traded as high as GBX 730 and last traded at GBX 710, with a volume of 27,364 shares trading hands. The stock had previously closed at GBX 685.

Analysts Set New Price Targets

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

James Cropper Price Performance

The stock has a market capitalization of £68.70 million, a P/E ratio of 23.34 and a beta of 0.52. The business has a fifty day simple moving average of GBX 573.82 and a 200 day simple moving average of GBX 422.38. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 86.70.

James Cropper (LON:CRPR) last posted 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, analysts expect that James Cropper PLC will post 10.27 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Jon Yeung purchased 7,300 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was acquired at an average cost of GBX 645 per share, with a total value of £47,085. Insiders own 29.56% of the company’s stock.

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.