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

James Cropper PLC (LON:CRPR) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 177 ($2.30) and last traded at GBX 177 ($2.30), with a volume of 1500 shares. The stock had previously closed at GBX 195 ($2.53).

James Cropper Stock Down 9.2 %

The business has a fifty day simple moving average of GBX 196.94 and a two-hundred day simple moving average of GBX 227.96. 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 capitalization of £16.91 million, a price-to-earnings ratio of -4.24 and a beta of 0.52.

Insider Activity

In related news, insider Jon Yeung purchased 3,500 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were acquired at an average cost of GBX 230 ($2.98) per share, with a total value of £8,050 ($10,439.63). Also, insider Mark A. J. Cropper acquired 117,022 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average price of GBX 198 ($2.57) per share, with a total value of £231,703.56 ($300,484.45). 41.13% of the stock is currently owned by corporate insiders.

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.