Mpac Group (LON:MPAC) Trading 0.1% Higher – Here’s Why

Shares of Mpac Group plc (LON:MPAC) shot up 0.1% during trading on Monday . The stock traded as high as GBX 360 and last traded at GBX 353.41. 67,153 shares were traded during trading, a decline of 3% from the average session volume of 69,221 shares. The stock had previously closed at GBX 353.22.

Mpac Group Stock Performance

The company has a fifty day moving average of GBX 338.73 and a two-hundred day moving average of GBX 325.72. The stock has a market capitalization of £106.28 million, a P/E ratio of -7.85, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The company has a debt-to-equity ratio of 24.53, a current ratio of 1.29 and a quick ratio of 1.12.

Insider Buying and Selling at Mpac Group

In other news, insider Simon Kesterton purchased 2,700 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were acquired at an average cost of GBX 374 per share, with a total value of £10,098. Company insiders own 2.88% of the company’s stock.

Mpac Group Company Profile

Mpac (AIM: MPAC) is a global leader in engineering and technology, designing, precision engineering, manufacturing, and supporting high-speed packaging equipment and solutions.

Mpac serves 80 countries across four key regions around the world including the Americas, EMEA, and APAC. The Company operates in the attractive growth markets of Food & Beverage, and Healthcare. These targeted markets boast significant growth opportunities.

Through its six core product lines – BCA, Lambert, Langen, Switchback, CSi and SIGA Vision – the Company provides Original Equipment and Services for automated high-speed packaging, from assembly of products through to case packing and palletising.