Shore Capital Reaffirms House Stock Rating for Mpac Group (LON:MPAC)

Mpac Group (LON:MPAC)‘s stock had its “house stock” rating reiterated by Shore Capital in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Mpac Group Stock Performance

Shares of MPAC opened at GBX 563 ($6.85) on Thursday. The company has a market cap of £121.21 million, a price-to-earnings ratio of 1,876.67, a P/E/G ratio of 2.04 and a beta of 0.37. The business’s fifty day simple moving average is GBX 518.96 and its two-hundred day simple moving average is GBX 487.64. Mpac Group has a 12 month low of GBX 335 ($4.08) and a 12 month high of GBX 590 ($7.18). 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

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.