Mpac Group (LON:MPAC) Posts Quarterly Earnings Results

Mpac Group (LON:MPAC) issued its earnings results on Tuesday. The company reported GBX 5.70 earnings per share 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 Price Performance

Shares of LON:MPAC traded down GBX 1.09 on Wednesday, reaching GBX 328.91. 140,453 shares of the company were exchanged, compared to its average volume of 105,584. The company has a current ratio of 0.73, a quick ratio of 1.12 and a debt-to-equity ratio of 90.97. Mpac Group has a 1-year low of GBX 200 and a 1-year high of GBX 405. The firm has a market cap of £98.91 million, a price-to-earnings ratio of -10.34, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. The company has a 50-day moving average of GBX 327.53 and a 200-day moving average of GBX 283.66.

Insider Activity

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

Wall Street Analysts Forecast Growth

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