David Squires Purchases 6,250 Shares of Mpac Group (LON:MPAC) Stock

Mpac Group plc (LON:MPAC) insider David Squires bought 6,250 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The shares were bought at an average cost of GBX 286 per share, for a total transaction of £17,875.

Mpac Group Stock Up 5.7%

Shares of LON:MPAC opened at GBX 301.34 on Friday. The stock has a market cap of £90.62 million, a price-to-earnings ratio of -6.70, a PEG ratio of 2.04 and a beta of 0.37. 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 plc has a 12-month low of GBX 260 and a 12-month high of GBX 590. The business’s 50 day moving average is GBX 296.24 and its 200 day moving average is GBX 349.41.

Mpac Group (LON:MPAC) last posted its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 12.10 earnings per share for the quarter. Mpac Group had a return on equity of 9.36% and a net margin of 5.11%. On average, sell-side analysts forecast that Mpac Group plc will post 43.2789474 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Mpac Group in a research report on Tuesday, July 1st.

About Mpac Group

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.