Mpac Group (LON:MPAC) Trading Up 0.9% – What’s Next?

Mpac Group plc (LON:MPAC) traded up 0.9% on Friday . The stock traded as high as GBX 334 and last traded at GBX 333. 19,728 shares changed hands during trading, a decline of 82% from the average session volume of 111,427 shares. The stock had previously closed at GBX 330.

Analyst Upgrades and Downgrades

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

Mpac Group Stock Up 0.9%

The company has a market cap of £100.14 million, a price-to-earnings ratio of -10.47, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. The company has a debt-to-equity ratio of 90.97, a quick ratio of 1.12 and a current ratio of 0.73. The stock’s fifty day moving average is GBX 299.59 and its two-hundred day moving average is GBX 286.12.

Insider Activity

In other news, insider Adam Holland acquired 4,525 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was purchased at an average price of GBX 212 per share, for a total transaction of £9,593. Also, insider Clive Whiley bought 25,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were purchased at an average cost of GBX 215 per share, for a total transaction of £53,750. In the last three months, insiders have purchased 46,525 shares of company stock worth $10,319,300. Company insiders own 3.08% of the company’s stock.

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.