Shares of Mpac Group plc (LON:MPAC – Get Free Report) traded down 1.1% on Friday . The stock traded as low as GBX 315 and last traded at GBX 321.40. 3,550 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 116,440 shares. The stock had previously closed at GBX 325.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group restated a “house stock” rating on shares of Mpac Group in a research report on Monday, June 8th.
View Our Latest Report on MPAC
Mpac Group Stock Down 1.1%
Insider Buying and Selling
In related news, insider Adam Holland acquired 4,525 shares of Mpac Group stock in a transaction on Tuesday, June 9th. The stock was purchased at an average cost of GBX 212 per share, with a total value of £9,593. Also, insider Clive Whiley acquired 25,000 shares of Mpac Group stock in a transaction on Tuesday, June 9th. The shares were bought at an average cost of GBX 215 per share, with a total value of £53,750. Over the last 90 days, insiders have bought 46,525 shares of company stock worth $10,319,300. Insiders own 3.08% of the company’s stock.
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.
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