Mpac Group (LON:MPAC) Posts Quarterly Earnings Results

Mpac Group (LON:MPACGet Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 5.70 earnings per share 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 LON:MPAC traded up GBX 1 on Thursday, hitting GBX 331. 134,255 shares of the company were exchanged, compared to its average volume of 105,800. The firm has a market capitalization of £99.54 million, a P/E ratio of -10.41, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. The company has a current ratio of 0.74, a quick ratio of 1.12 and a debt-to-equity ratio of 95.17. Mpac Group has a 1-year low of GBX 200 and a 1-year high of GBX 405. The stock’s 50 day moving average price is GBX 328.41 and its 200 day moving average price is GBX 283.48.

Analyst Ratings Changes

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

Get Our Latest Research Report on MPAC

Insider Transactions at Mpac Group

In other news, insider David Squires bought 10,000 shares of Mpac Group stock in a transaction that occurred on Friday, June 19th. The stock was bought at an average price of GBX 248 per share, for a total transaction of £24,800. 3.08% of the stock is owned by company insiders.

Mpac Group Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Mpac Group (LON:MPAC)

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