Mpac Group (LON:MPAC) Trading Down 2.7% - Here's What Happened

Key Points

• Mpac Group plc shares fell by 2.7% during trading, closing at GBX 275 ($3.66) with a significant decline in trading volume.
• The company has a market capitalization of £82.70 million and posted an earnings per share (EPS) of GBX 12.10 for the previous quarter.
• Shore Capital reiterated its "house stock" rating on Mpac Group, indicating ongoing interest from analysts despite the stock's recent decline.

Shares of Mpac Group plc (LON:MPAC - Get Free Report) fell 2.7% during trading on Tuesday . The company traded as low as GBX 274 ($3.65) and last traded at GBX 275 ($3.66). 35,637 shares were traded during trading, a decline of 69% from the average session volume of 113,797 shares. The stock had previously closed at GBX 282.50 ($3.76).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "house stock" rating on shares of Mpac Group in a research report on Tuesday, July 1st.

Mpac Group Stock Performance

The stock has a market capitalization of £82.70 million, a PE ratio of -611.11, 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 business's fifty day moving average price is GBX 304.62 and its 200-day moving average price is GBX 355.04.

Mpac Group (LON:MPAC - Get Free Report) last posted its earnings results on Tuesday, September 23rd. The company reported GBX 12.10 earnings per share (EPS) for the quarter. Mpac Group had a net margin of 5.11% and a return on equity of 9.36%. As a group, equities research analysts expect that Mpac Group plc will post 43.2789474 EPS for the current year.

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.

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