Mpac Group (LON:MPAC) Announces Quarterly Earnings Results

Mpac Group (LON:MPAC) announced its earnings results on Tuesday. The company reported GBX 5.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Mpac Group had a negative return on equity of 12.67% and a negative net margin of 5.46%.

Mpac Group Trading Down 6.5%

Shares of MPAC opened at GBX 325 on Tuesday. Mpac Group has a 52-week low of GBX 200 and a 52-week high of GBX 405. The stock has a market cap of £97.74 million, a PE ratio of -10.22, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. The firm’s fifty day moving average is GBX 326.51 and its two-hundred day moving average is GBX 283.84. The company has a quick ratio of 1.12, a current ratio of 0.73 and a debt-to-equity ratio of 90.97.

Insider Buying and Selling

In other Mpac Group news, insider David Squires bought 10,000 shares of the firm’s stock in a transaction on Friday, June 19th. The shares were acquired at an average cost of GBX 248 per share, with a total value of £24,800. Insiders own 3.08% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Mpac Group in a research report on Monday, June 8th.

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.