Mpac Group (LON:MPAC) Trading 0.2% Higher – Here’s Why

Shares of Mpac Group plc (LON:MPAC) rose 0.2% on Wednesday . The company traded as high as GBX 500 ($6.27) and last traded at GBX 492.80 ($6.18). Approximately 14,829 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 68,847 shares. The stock had previously closed at GBX 492 ($6.17).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Mpac Group in a report on Tuesday, September 10th.

Mpac Group Trading Up 0.2 %

The stock has a market capitalization of £106.10 million, a PE ratio of 1,642.67, a P/E/G ratio of 2.04 and a beta of 0.37. 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 company’s 50 day moving average price is GBX 493.76 and its two-hundred day moving average price is GBX 482.06.

Mpac Group Company Profile

Mpac Group plc, together with its subsidiaries, provides packaging and automation solutions to healthcare, clean energy, and food and beverage sectors worldwide. It operates through Original Equipment and Service segments. The company designs, develops, manufactures, and engineers packaging solutions; offers automation and secondary packaging equipment, end-of-line robotic with integrated testing solutions, and at line instrumentation solutions; and designs and integrates packaging systems.