Mpac Group (LON:MPAC) Releases Earnings Results

Mpac Group (LON:MPAC) issued its quarterly earnings data 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 12.67% and a negative net margin of 5.46%.

Mpac Group Trading Down 0.3%

MPAC traded down GBX 1.09 on Wednesday, reaching GBX 328.91. 140,453 shares of the company traded hands, compared to its average volume of 105,584. The company has a market cap of £98.91 million, a P/E ratio of -10.34, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. The company has a quick ratio of 1.12, a current ratio of 0.73 and a debt-to-equity ratio of 90.97. Mpac Group has a one year low of GBX 200 and a one year high of GBX 405. The firm has a fifty day simple moving average of GBX 327.53 and a two-hundred day simple moving average of GBX 283.66.

Insider Buying and Selling at Mpac Group

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

Analyst Ratings Changes

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

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.