Mpac Group plc (LON:MPAC - Get Free Report)'s share price fell 0.5% on Wednesday . The stock traded as low as GBX 455 ($6.19) and last traded at GBX 455 ($6.19). Approximately 46,999 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 102,325 shares. The stock had previously closed at GBX 457.50 ($6.23).
Analysts Set New Price Targets
Separately, Shore Capital restated a "house stock" rating on shares of Mpac Group in a research report on Tuesday, April 29th.
Read Our Latest Report on Mpac Group
Mpac Group Stock Performance
The firm's fifty day moving average is GBX 404.85 and its 200-day moving average is GBX 468.03. The stock has a market capitalization of £134.56 million, a PE ratio of 14.91, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. 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 (LON:MPAC - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported GBX 35.20 ($0.48) earnings per share (EPS) for the quarter. Mpac Group had a return on equity of 9.36% and a net margin of 5.11%. As a group, research analysts anticipate that Mpac Group plc will post 43.2789474 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Will Wilkins sold 45,000 shares of Mpac Group stock in a transaction on Thursday, May 8th. The stock was sold at an average price of GBX 372 ($5.06), for a total value of £167,400 ($227,910.14). Insiders own 32.40% of the company's stock.
Mpac Group Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Mpac Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mpac Group wasn't on the list.
While Mpac Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
