Mpac Group (LON:MPAC) Issues Quarterly Earnings Results

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

Mpac Group Stock Down 6.3%

Shares of LON:MPAC opened at GBX 325.66 on Tuesday. Mpac Group has a 1 year low of GBX 200 and a 1 year high of GBX 405. The company has a market capitalization of £97.94 million, a PE ratio of -10.24, a price-to-earnings-growth ratio of 2.04 and a beta of 0.47. The business has a fifty day moving average price of GBX 326.51 and a two-hundred day moving average price of GBX 283.84. The company has a debt-to-equity ratio of 90.97, a current ratio of 0.73 and a quick ratio of 1.12.

Insider Activity at Mpac Group

In related news, insider David Squires purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 19th. The shares were bought at an average cost of GBX 248 per share, with a total value of £24,800. 3.08% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued 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.