Mpac Group (LON:MPAC – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported GBX 5.70 EPS for the quarter, Digital Look Earnings reports. Mpac Group had a negative return on equity of 10.45% and a negative net margin of 4.61%.
Mpac Group Stock Performance
Shares of Mpac Group stock traded up GBX 0.75 on Thursday, hitting GBX 330.75. 83,114 shares of the company’s stock were exchanged, compared to its average volume of 105,515. Mpac Group has a 1 year low of GBX 200 and a 1 year high of GBX 405. The company has a 50-day simple moving average of GBX 328.41 and a 200-day simple moving average of GBX 283.48. The company has a debt-to-equity ratio of 95.17, a quick ratio of 1.12 and a current ratio of 0.74. The stock has a market capitalization of £99.47 million, a PE ratio of -10.40, a PEG ratio of 2.04 and a beta of 0.47.
Analysts Set New Price Targets
Separately, Shore Capital Group reiterated a “house stock” rating on shares of Mpac Group in a report on Monday, June 8th.
Insider Buying and Selling
In related news, insider David Squires purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, June 19th. The shares were purchased at an average cost of GBX 248 per share, with a total value of £24,800. Corporate insiders own 3.08% of the company’s stock.
About Mpac Group
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.
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