Mpac Group plc (LON:MPAC) Insider Sells £167,400 in Stock

Mpac Group plc (LON:MPAC) insider Will Wilkins sold 45,000 shares of Mpac Group stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of GBX 372 ($4.95), for a total value of £167,400 ($222,695.22).

Mpac Group Price Performance

LON MPAC opened at GBX 380 ($5.06) on Friday. The business’s fifty day moving average is GBX 400.93 and its 200 day moving average is GBX 478.76. Mpac Group plc has a fifty-two week low of GBX 330 ($4.39) and a fifty-two week high of GBX 590 ($7.85). The company has a debt-to-equity ratio of 24.53, a quick ratio of 1.12 and a current ratio of 1.29. The company has a market capitalization of £112.22 million, a PE ratio of 12.44, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37.

Mpac Group (LON:MPAC) last posted its quarterly earnings results on Tuesday, April 29th. The company reported GBX 35.20 ($0.47) earnings per share for the quarter. Mpac Group had a return on equity of 9.36% and a net margin of 5.11%. Sell-side analysts predict that Mpac Group plc will post 43.2789474 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Mpac Group in a research report on Tuesday, April 29th.

About Mpac Group

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.