Shore Capital reissued their house stock rating on shares of Mpac Group (LON:MPAC - Free Report) in a research note published on Thursday, MarketBeat Ratings reports.
Mpac Group Stock Up 2.7 %
LON MPAC traded up GBX 15 ($0.18) during trading on Thursday, hitting GBX 563 ($6.85). 292,957 shares of the company traded hands, compared to its average volume of 92,753. Mpac Group has a 12 month low of GBX 335 ($4.08) and a 12 month high of GBX 590 ($7.18). The business has a fifty day simple moving average of GBX 518.10 and a 200 day simple moving average of GBX 487.11. The company has a market capitalization of £121.21 million, a P/E ratio of 1,876.67, 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.
Mpac Group Company Profile
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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.
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