Mpac Group (LON:MPAC) Stock Price Down 0.4% – Here’s What Happened

Mpac Group plc (LON:MPAC) shares traded down 0.4% during mid-day trading on Monday . The stock traded as low as GBX 235 and last traded at GBX 236.50. 109,296 shares were traded during mid-day trading, an increase of 52% from the average session volume of 71,993 shares. The stock had previously closed at GBX 237.50.

Mpac Group Price Performance

The stock’s 50 day moving average is GBX 316.29 and its two-hundred day moving average is GBX 321.73. The stock has a market capitalization of £71.12 million, a PE ratio of -5.26, a price-to-earnings-growth ratio of 2.04 and a beta of 0.23. The company has a debt-to-equity ratio of 85.14, a current ratio of 0.74 and a quick ratio of 1.12.

Insider Activity at Mpac Group

In other news, insider Simon Kesterton acquired 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, with a total value of £10,098. Corporate insiders own 2.89% of the company’s stock.

Mpac Group Company Profile

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.