Insider Buying: Mpac Group (LON:MPAC) Insider Purchases 2,700 Shares of Stock

Mpac Group plc (LON:MPAC) insider Simon Kesterton acquired 2,700 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of GBX 374 per share, for a total transaction of £10,098.

Mpac Group Trading Down 3.0%

LON:MPAC traded down GBX 11 on Monday, reaching GBX 360. 33,490 shares of the stock traded hands, compared to its average volume of 90,450. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 24.53. Mpac Group plc has a 1-year low of GBX 260 and a 1-year high of GBX 570. The company’s 50 day moving average is GBX 329.56 and its 200-day moving average is GBX 321.70. The firm has a market capitalization of £108.26 million, a price-to-earnings ratio of -8.00, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37.

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.