Mpac Group (LON:MPAC) Issues Quarterly Earnings Results

Mpac Group (LON:MPAC) posted its quarterly earnings results on Tuesday. The company reported GBX 5.70 earnings per share (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 Trading Up 2.4%

Shares of Mpac Group stock opened at GBX 338 on Thursday. The stock has a market capitalization of £101.65 million, a PE ratio of -10.63, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. Mpac Group has a 52 week low of GBX 200 and a 52 week high of GBX 405. The stock has a 50 day moving average price of GBX 328.41 and a two-hundred day moving average price 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.

Insiders Place Their Bets

In other Mpac Group news, insider David Squires acquired 10,000 shares of the stock in a transaction on Friday, June 19th. The shares were purchased at an average price of GBX 248 per share, for a total transaction of £24,800. Insiders own 3.08% of the company’s stock.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Mpac Group in a research note on Monday, June 8th.

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.