Mpac Group (LON:MPAC) Trading Down 8%

Mpac Group plc (LON:MPAC)’s share price was down 8% on Friday . The company traded as low as GBX 460 ($5.92) and last traded at GBX 460 ($5.92). Approximately 96,178 shares were traded during trading, an increase of 34% from the average daily volume of 71,661 shares. The stock had previously closed at GBX 500 ($6.43).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Mpac Group in a research note on Wednesday, July 10th.

Mpac Group Stock Down 8.0 %

The firm has a market capitalization of £94.16 million, a PE ratio of 3,538.46, a P/E/G ratio of 2.04 and a beta of 0.20. The stock has a 50-day simple moving average of GBX 502.47 and a 200-day simple moving average of GBX 446.77. The company has a quick ratio of 1.12, a current ratio of 1.27 and a debt-to-equity ratio of 23.59.

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.