Shore Capital Reiterates “House Stock” Rating for Mpac Group (LON:MPAC)

Mpac Group (LON:MPAC)‘s stock had its “house stock” rating restated by research analysts at Shore Capital in a research note issued to investors on Tuesday, Marketbeat reports.

Mpac Group Stock Performance

MPAC stock opened at GBX 395 ($5.26) on Tuesday. The company has a market cap of £116.65 million, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The company has a debt-to-equity ratio of 24.53, a current ratio of 1.29 and a quick ratio of 1.12. The stock’s fifty day moving average price is GBX 417.29 and its 200-day moving average price is GBX 482.61. Mpac Group has a 1 year low of GBX 330 ($4.40) and a 1 year high of GBX 590 ($7.86).

Mpac Group (LON:MPAC) last issued its quarterly earnings results on Tuesday, April 29th. The company reported GBX 35.20 ($0.47) earnings per share for the quarter. Mpac Group had a net margin of 5.11% and a return on equity of 9.36%. On average, equities analysts forecast that Mpac Group will post 43.2789474 earnings per share for the current year.

About Mpac Group

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.