Mpac Group (LON:MPAC) Given “House Stock” Rating at Shore Capital Group

Shore Capital Group restated their house stock rating on shares of Mpac Group (LON:MPAC) in a report released on Tuesday morning,Digital Look reports.

Mpac Group Stock Performance

Shares of LON MPAC opened at GBX 226 on Tuesday. The company has a current ratio of 0.74, a quick ratio of 1.12 and a debt-to-equity ratio of 85.14. The stock has a 50 day simple moving average of GBX 292.46 and a 200-day simple moving average of GBX 317.53. The company has a market cap of £67.96 million, a PE ratio of -5.02, a P/E/G ratio of 2.04 and a beta of 0.50. Mpac Group has a 12-month low of GBX 222.60 and a 12-month high of GBX 495.

Mpac Group (LON:MPAC) last issued its quarterly earnings data on Tuesday, April 21st. The company reported GBX 35.90 earnings per share (EPS) for the quarter. The business had revenue of £174.10 million during the quarter. Mpac Group had a negative return on equity of 13.68% and a negative net margin of 8.50%. On average, equities research analysts forecast that Mpac Group will post 43.2789474 EPS for the current year.

Insider Activity

In other Mpac Group news, insider Simon Kesterton acquired 2,700 shares of Mpac Group stock in a transaction dated Friday, January 30th. The stock was acquired at an average cost of GBX 374 per share, for a total transaction of £10,098. Corporate 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.