Mpac Group (LON:MPAC) Stock Price Down 0.4% – Here’s Why

Mpac Group plc (LON:MPAC) traded down 0.4% on Thursday . The company traded as low as GBX 536.50 ($6.66) and last traded at GBX 538 ($6.67). 72,125 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 90,138 shares. The stock had previously closed at GBX 540 ($6.70).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Mpac Group in a research note on Thursday, January 16th.

Mpac Group Trading Down 1.1 %

The company has a market cap of £114.54 million, a price-to-earnings ratio of 1,773.33, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The company’s 50 day moving average price is GBX 529.83 and its 200 day moving average price is GBX 493.40. The company has a debt-to-equity ratio of 24.53, a quick ratio of 1.12 and a current ratio of 1.29.

Mpac Group Company Profile

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.