James Cropper (LON:CRPR) Hits New 52-Week Low – Here’s Why

James Cropper PLC (LON:CRPR)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 210 ($2.73) and last traded at GBX 214.50 ($2.78), with a volume of 8374 shares changing hands. The stock had previously closed at GBX 225 ($2.92).

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 4th.

James Cropper Stock Down 6.7 %

The company has a debt-to-equity ratio of 96.80, a quick ratio of 1.31 and a current ratio of 2.56. The business’s 50 day moving average is GBX 258.66 and its 200-day moving average is GBX 292.11. The firm has a market capitalization of £20.06 million, a price-to-earnings ratio of -500.00 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.