Mpac Group (LON:MPAC) Shares Up 5.7% – Still a Buy?

Mpac Group plc (LON:MPAC) traded up 5.7% during mid-day trading on Tuesday . The company traded as high as GBX 540 ($6.95) and last traded at GBX 539.20 ($6.94). 168,744 shares were traded during trading, an increase of 137% from the average session volume of 71,246 shares. The stock had previously closed at GBX 510 ($6.56).

Analyst Ratings Changes

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

Mpac Group Price Performance

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 simple moving average is GBX 460.39 and its 200 day simple moving average is GBX 477.39. The firm has a market capitalization of £116.09 million, a price-to-earnings ratio of 1,797.33, a PEG ratio of 2.04 and a beta of 0.37.

About Mpac Group

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.