James Cropper (LON:CRPR) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

James Cropper PLC (LON:CRPR) shares crossed 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 reiterated a “house stock” rating on shares of James Cropper in a research note on Wednesday, September 3rd.

James Cropper Stock Performance

The firm has a market capitalization of £28.33 million, a price-to-earnings ratio of -5.38 and a beta of 0.52. The company has a 50-day moving average price of GBX 284.95 and a 200-day moving average price of GBX 244.85. The company has a quick ratio of 1.31, a current ratio of 2.56 and a debt-to-equity ratio of 96.80.

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.