Mpac Group (LON:MPAC) Trading Down 9.6% – Should You Sell?

Shares of Mpac Group plc (LON:MPACGet Free Report) fell 9.6% during trading on Tuesday . The stock traded as low as GBX 222.60 and last traded at GBX 235. 242,455 shares were traded during trading, an increase of 240% from the average session volume of 71,394 shares. The stock had previously closed at GBX 260.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Mpac Group in a report on Tuesday.

Check Out Our Latest Research Report on Mpac Group

Mpac Group Stock Performance

The stock has a market cap of £68.09 million, a P/E ratio of -5.03, a price-to-earnings-growth ratio of 2.04 and a beta of 0.50. The firm’s 50-day moving average is GBX 289.67 and its two-hundred day moving average is GBX 316.89. The company has a quick ratio of 1.12, a current ratio of 0.74 and a debt-to-equity ratio of 85.14.

Mpac Group (LON:MPACGet Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported GBX 35.90 earnings per share for the quarter. The firm had revenue of £174.10 million for the quarter. Mpac Group had a negative net margin of 8.50% and a negative return on equity of 13.68%. As a group, research analysts expect that Mpac Group plc will post 43.2789474 EPS for the current year.

Insiders Place Their Bets

In other Mpac Group news, insider Simon Kesterton acquired 2,700 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were purchased at an average price of GBX 374 per share, with a total value of £10,098. Insiders own 2.89% of the company’s stock.

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

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