Mpac Group (LON:MPAC) Stock Price Down 9.6% – Should You Sell?

Shares of Mpac Group plc (LON:MPAC) traded down 9.6% on Tuesday . The company traded as low as GBX 222.60 and last traded at GBX 235. 242,455 shares changed hands during mid-day trading, an increase of 240% from the average session volume of 71,394 shares. The stock had previously closed at GBX 260.

Mpac Group Stock Performance

The company has a debt-to-equity ratio of 85.14, a quick ratio of 1.12 and a current ratio of 0.74. The stock’s fifty day moving average is GBX 295.44 and its two-hundred day moving average is GBX 318.04. The firm has a market cap of £69.54 million, a price-to-earnings ratio of -5.14, a PEG ratio of 2.04 and a beta of 0.50.

Insider Activity at Mpac Group

In related news, insider Simon Kesterton purchased 2,700 shares of the company’s stock in a transaction on Friday, January 30th. The shares were bought at an average cost of GBX 374 per share, for a total transaction of £10,098. Company insiders own 2.89% of the company’s stock.

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. 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.