Mpac Group (LON:MPAC) Posts Earnings Results

Mpac Group (LON:MPAC) announced its earnings results on Tuesday. The company reported GBX 5.70 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 Price Performance

Shares of LON MPAC opened at GBX 325 on Tuesday. The company has a debt-to-equity ratio of 90.97, a current ratio of 0.73 and a quick ratio of 1.12. The stock has a market capitalization of £97.74 million, a price-to-earnings ratio of -10.22, a PEG ratio of 2.04 and a beta of 0.47. The firm’s 50 day simple moving average is GBX 326.51 and its 200-day simple moving average is GBX 283.84. Mpac Group has a 12 month low of GBX 200 and a 12 month high of GBX 405.

Wall Street Analysts Forecast Growth

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

Insider Activity

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

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.