Mpac Group (LON:MPAC) Trading Up 1.9% - Still a Buy?

Shares of Mpac Group plc (LON:MPAC - Get Free Report) traded up 1.9% on Tuesday . The stock traded as high as GBX 375 ($4.91) and last traded at GBX 367 ($4.80). 189,029 shares changed hands during mid-day trading, an increase of 133% from the average session volume of 81,187 shares. The stock had previously closed at GBX 360 ($4.71).

Analysts Set New Price Targets

Separately, Shore Capital restated a "house stock" rating on shares of Mpac Group in a research note on Tuesday, February 25th.

Mpac Group Stock Performance

The company has a 50-day moving average price of GBX 454.04 and a 200-day moving average price of GBX 487.85. The firm has a market capitalization of £100.31 million, a price-to-earnings ratio of 11.12, a P/E/G ratio of 2.04 and a beta of 0.37. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 24.53.

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.