Mpac Group (LON:MPAC) Stock Price Down 1.4% – Time to Sell?

Mpac Group plc (LON:MPAC) traded down 1.4% during trading on Tuesday. The stock traded as low as GBX 330 and last traded at GBX 330.15. 6,729 shares were traded during trading, a decline of 93% from the average daily volume of 101,756 shares. The stock had previously closed at GBX 335.

Mpac Group Stock Performance

The company has a quick ratio of 1.12, a current ratio of 0.74 and a debt-to-equity ratio of 95.17. The company has a market cap of £100.82 million, a PE ratio of -13.52, a P/E/G ratio of 2.04 and a beta of 0.47. The business’s fifty day moving average is GBX 333.33 and its 200-day moving average is GBX 286.75.

Mpac Group (LON:MPAC) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 5.70 earnings per share for the quarter. Mpac Group had a negative net margin of 4.61% and a negative return on equity of 10.45%. As a group, research analysts predict that Mpac Group plc will post 43.2789474 EPS for the current fiscal year.

About Mpac Group

Mpac (AIM: MPAC) is a global leader in engineering and technology, designing, precision engineering, manufacturing, and supporting high-speed packaging equipment and solutions.

Mpac serves 80 countries across four key regions around the world including the Americas, EMEA, and APAC. The Company operates in the attractive growth markets of Food & Beverage, and Healthcare. These targeted markets boast significant growth opportunities.

Through its six core product lines – BCA, Lambert, Langen, Switchback, CSi and SIGA Vision – the Company provides Original Equipment and Services for automated high-speed packaging, from assembly of products through to case packing and palletising.