James Cropper (LON:CRPR) Trading Up 7% – Should You Buy?

James Cropper PLC (LON:CRPR)’s share price traded up 7% during trading on Wednesday . The company traded as high as GBX 237 ($3.02) and last traded at GBX 230 ($2.93). 4,916 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 13,193 shares. The stock had previously closed at GBX 215 ($2.74).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of James Cropper in a research note on Wednesday, September 4th.

James Cropper Trading Down 1.9 %

The firm’s 50-day moving average price is GBX 243.71 and its 200-day moving average price is GBX 277.48. The company has a quick ratio of 1.31, a current ratio of 2.56 and a debt-to-equity ratio of 96.80. The company has a market cap of £22.01 million, a P/E ratio of -548.81 and a beta of 0.52.

About James Cropper

James Cropper PLC manufactures and sells papers products and advanced materials. It operates through Paper, Colourform, and Technical Fibre Products segments. The company offers specialty papers comprising of packaging, art, technical, and print papers. In addition, It offers moulded fiber products. Further, the company manufactures nonwovens material, board, metal coated carbon fibers, and electrochemical materials, as well as involved in paper converter activities.