Mpac Group (LON:MPAC) Releases Earnings Results

by · The Markets Daily

Mpac Group (LON:MPAC – Get Free Report) posted 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 1.09 on Wednesday, hitting GBX 328.91. 129,647 shares of the company’s stock traded hands, compared to its average volume of 105,524. The firm’s 50-day moving average price is GBX 327.53 and its two-hundred day moving average price is GBX 283.66. The firm has a market capitalization of £98.91 million, a PE ratio of -10.34, a P/E/G ratio of 2.04 and a beta of 0.47. 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.

Insider Activity

In other Mpac Group news, insider David Squires bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, June 19th. The stock was bought at an average cost of GBX 248 per share, for a total transaction of £24,800. 3.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on Mpac Group

About Mpac Group

(Get Free Report)

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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