James Cropper (LON:CRPR) Stock Crosses Above 200-Day Moving Average – Here’s Why

James Cropper PLC (LON:CRPR) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 336.14 and traded as high as GBX 360. James Cropper shares last traded at GBX 338.40, with a volume of 851 shares trading hands.

James Cropper Price Performance

The firm has a market capitalization of £32.33 million, a P/E ratio of -11.83 and a beta of 0.47. The stock’s fifty day simple moving average is GBX 331.70 and its 200 day simple moving average is GBX 336.14. The company has a debt-to-equity ratio of 90.09, a current ratio of 2.58 and a quick ratio of 1.31.

James Cropper Company Profile

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.