Mpac Group (LON:MPAC) Shares Up 0.1% – Still a Buy?

Mpac Group plc (LON:MPACGet Free Report)’s stock price shot up 0.1% on Tuesday . The stock traded as high as GBX 260 and last traded at GBX 255.14. 39,238 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 76,730 shares. The stock had previously closed at GBX 255.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Mpac Group in a report on Tuesday, April 21st.

Read Our Latest Stock Analysis on Mpac Group

Mpac Group Trading Up 1.0%

The company’s fifty day moving average is GBX 259.29 and its two-hundred day moving average is GBX 312.96. The stock has a market cap of £77.44 million, a price-to-earnings ratio of -8.10, a PEG ratio of 2.04 and a beta of 0.45. The company has a quick ratio of 1.12, a current ratio of 0.73 and a debt-to-equity ratio of 90.97.

Mpac Group (LON:MPACGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported GBX 35.90 EPS for the quarter. The company had revenue of £174.10 million for the quarter. Mpac Group had a negative net margin of 5.46% and a negative return on equity of 12.67%. On average, research analysts predict that Mpac Group plc will post 43.2789474 EPS for the current fiscal year.

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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