James Cropper (LON:CRPR) Shares Up 7% – Here’s What Happened

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

Analysts Set New Price Targets

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

James Cropper Trading Down 1.9 %

The company has a market capitalization of £22.01 million, a PE ratio of -548.81 and a beta of 0.52. The stock has a fifty day moving average of GBX 243.71 and a two-hundred day moving average of GBX 277.48. The company has a current ratio of 2.56, a quick ratio of 1.31 and a debt-to-equity ratio of 96.80.

James Cropper Company Profile

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.