James Cropper (LON:CRPR) Share Price Passes Below 200-Day Moving Average – Time to Sell?

James Cropper PLC (LON:CRPR) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 238.98 ($2.95) and traded as low as GBX 196.60 ($2.43). James Cropper shares last traded at GBX 203 ($2.51), with a volume of 2,592 shares changing hands.

James Cropper Stock Performance

The firm has a market cap of £19.39 million, a PE ratio of -483.33 and a beta of 0.52. The business has a 50 day simple moving average of GBX 213.99 and a two-hundred day simple moving average of GBX 238.98. The company has a quick ratio of 1.31, a current ratio of 2.56 and a debt-to-equity ratio of 96.80.

James Cropper (LON:CRPR) last issued its earnings results on Wednesday, November 20th. The company reported GBX (5.10) (($0.06)) EPS for the quarter. James Cropper had a negative return on equity of 13.87% and a negative net margin of 3.81%. As a group, equities research analysts forecast that James Cropper PLC will post 10.2657444 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Mark A. J. Cropper sold 5,000 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of GBX 198 ($2.45), for a total value of £9,900 ($12,234.31). Also, insider Jon Yeung acquired 3,500 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were bought at an average cost of GBX 230 ($2.84) per share, for a total transaction of £8,050 ($9,948.10). 41.13% of the stock is owned by company insiders.

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.