Mpac Group (LON:MPAC) Announces Earnings Results

Mpac Group (LON:MPAC) posted its quarterly 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 net margin of 5.46% and a negative return on equity of 12.67%.

Mpac Group Stock Down 0.3%

Shares of MPAC traded down GBX 1.09 during midday trading on Wednesday, reaching GBX 328.91. The stock had a trading volume of 140,453 shares, compared to its average volume of 105,584. The company has a market cap of £98.91 million, a price-to-earnings ratio of -10.34, a PEG ratio of 2.04 and a beta of 0.47. 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 1-year low of GBX 200 and a 1-year high of GBX 405. The company’s fifty day simple moving average is GBX 327.53 and its two-hundred day simple moving average is GBX 283.66.

Insiders Place Their Bets

In other 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 currently owned by corporate insiders.

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 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.