Mpac Group (LON:MPAC) Trading 0.1% Higher – Here’s Why

Mpac Group plc (LON:MPAC)’s stock price rose 0.1% during trading on Tuesday . The stock traded as high as GBX 446.75 ($5.80) and last traded at GBX 442.50 ($5.75). Approximately 70,424 shares changed hands during mid-day trading, an increase of 0% from the average daily volume of 70,175 shares. The stock had previously closed at GBX 442 ($5.74).

Analyst Upgrades and Downgrades

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

Mpac Group Stock Performance

The company’s fifty day simple moving average is GBX 458.01 and its 200 day simple moving average is GBX 472.20. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 24.53. The stock has a market capitalization of £98.61 million, a P/E ratio of 1,495.55, a P/E/G ratio of 2.04 and a beta of 0.37.

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.