Mpac Group (LON:MPAC) Stock Price Up 1.9% – Should You Buy?

Mpac Group plc (LON:MPAC)’s stock price rose 1.9% on Tuesday . The company traded as high as GBX 375 ($4.79) and last traded at GBX 367 ($4.69). Approximately 189,029 shares changed hands during trading, an increase of 133% from the average daily volume of 81,187 shares. The stock had previously closed at GBX 360 ($4.60).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Mpac Group in a research report on Tuesday, February 25th.

Mpac Group Trading Up 1.9 %

The company has a debt-to-equity ratio of 24.53, a current ratio of 1.29 and a quick ratio of 1.12. The firm has a market cap of £108.38 million, a price-to-earnings ratio of 12.01, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The firm’s fifty day moving average is GBX 470.35 and its 200-day moving average is GBX 491.07.

Mpac Group Company Profile

Mpac Group is a global leader in packaging automation solutions supplying high speed packaging solutions and related support services and systems, primarily to the healthcare, food & beverage and clean energy sectors.

The business is focused on the creation of global automated manufacturing solutions that make and package the products millions of people worldwide depend on.

Mpac Group is an international company listed on the London Stock Exchange under the ticker MPAC.