Mpac Group (LON:MPAC) Announces Earnings Results

Mpac Group (LON:MPAC) issued its quarterly earnings data on Tuesday. The company reported GBX 5.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Mpac Group had a negative net margin of 5.46% and a negative return on equity of 12.67%.

Mpac Group Stock Performance

LON MPAC traded down GBX 1.12 during trading on Wednesday, reaching GBX 328.88. 129,656 shares of the company’s stock were exchanged, compared to its average volume of 105,524. The company has a debt-to-equity ratio of 90.97, a current ratio of 0.73 and a quick ratio of 1.12. The business has a 50 day moving average price of GBX 327.53 and a 200-day moving average price of GBX 283.66. The stock has a market capitalization of £98.90 million, a P/E ratio of -10.34, a PEG ratio of 2.04 and a beta of 0.47. Mpac Group has a fifty-two week low of GBX 200 and a fifty-two week high of GBX 405.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed 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.