Mpac Group (LON:MPAC – Get Free Report) posted its 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 12.67% and a negative net margin of 5.46%.
Mpac Group Price Performance
Shares of MPAC traded down GBX 1.09 during mid-day trading on Wednesday, hitting GBX 328.91. The company’s stock had a trading volume of 140,453 shares, compared to its average volume of 105,584. The firm has a 50-day moving average price of GBX 327.53 and a 200 day moving average price of GBX 283.66. The company has a debt-to-equity ratio of 90.97, a current ratio of 0.73 and a quick ratio of 1.12. Mpac Group has a fifty-two week low of GBX 200 and a fifty-two week high of GBX 405. The stock has a market capitalization of £98.91 million, a price-to-earnings ratio of -10.34, a PEG ratio of 2.04 and a beta of 0.47.
Analysts Set New Price Targets
Separately, Shore Capital Group restated a “house stock” rating on shares of Mpac Group in a research report on Monday, June 8th.
Insider Buying and Selling at Mpac Group
In other news, insider David Squires purchased 10,000 shares of the business’s stock in a transaction dated Friday, June 19th. The stock was bought at an average cost of GBX 248 per share, with a total value of £24,800. 3.08% of the stock is owned by company insiders.
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.
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