Mpac Group (LON:MPAC) Given “House Stock” Rating at Shore Capital

Shore Capital reiterated their house stock rating on shares of Mpac Group (LON:MPAC) in a research note issued to investors on Tuesday, Marketbeat.com reports.

Mpac Group Stock Performance

LON:MPAC opened at GBX 280 ($3.82) on Tuesday. The stock has a market cap of £82.69 million, a P/E ratio of 9.16, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The firm’s fifty day simple moving average is GBX 417.29 and its 200 day simple moving average is GBX 459.21. Mpac Group has a twelve month low of GBX 276 ($3.77) and a twelve month high of GBX 590 ($8.05). The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 24.53.

Mpac Group (LON:MPAC) last posted its earnings results on Tuesday, April 29th. The company reported GBX 35.20 ($0.48) EPS for the quarter. Mpac Group had a net margin of 5.11% and a return on equity of 9.36%. As a group, research analysts predict that Mpac Group will post 43.2789474 EPS for the current year.

Insider Buying and Selling

In other Mpac Group news, insider Will Wilkins sold 45,000 shares of Mpac Group stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of GBX 372 ($5.08), for a total transaction of £167,400 ($228,532.42). 32.40% of the stock is owned by company insiders.

About Mpac Group

Mpac Group is a global leader in packaging automation solutions supplying high speed packaging solutions and related support services and systems, primarily to the healthcare, food & beverage and clean energy sectors.

The business is focused on the creation of global automated manufacturing solutions that make and package the products millions of people worldwide depend on.

Mpac Group is an international company listed on the London Stock Exchange under the ticker MPAC.