Mpac Group (LON:MPAC) Shares Up 0.1% – Here’s Why

Shares of Mpac Group plc (LON:MPAC) shot up 0.1% on Tuesday . The company traded as high as GBX 446.75 ($5.80) and last traded at GBX 442.50 ($5.75). 70,424 shares were traded during trading, an increase of 0% from the average session volume of 70,175 shares. The stock had previously closed at GBX 442 ($5.74).

Analyst Upgrades and Downgrades

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

Mpac Group Trading Up 0.1 %

The stock’s 50 day moving average is GBX 458.53 and its 200-day moving average is GBX 472.33. The company has a market cap of £95.27 million, a P/E ratio of 1,475.00, a PEG ratio of 2.04 and a beta of 0.37. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 24.53.

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.