Mpac Group (LON:MPAC) Shares Down 20.6% – Should You Sell?

Mpac Group plc (LON:MPAC)’s share price traded down 20.6% on Monday . The stock traded as low as GBX 205.50 and last traded at GBX 210. 3,183,844 shares traded hands during trading, an increase of 3,082% from the average session volume of 100,073 shares. The stock had previously closed at GBX 264.40.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Mpac Group in a research report on Monday.

Mpac Group Stock Performance

The firm has a market cap of £63.15 million, a PE ratio of -6.60, a P/E/G ratio of 2.04 and a beta of 0.45. The company has a debt-to-equity ratio of 90.97, a current ratio of 0.73 and a quick ratio of 1.12. The stock has a 50-day moving average price of GBX 249.73 and a 200 day moving average price of GBX 300.85.

Mpac Group (LON:MPAC) last announced its quarterly earnings data on Tuesday, April 21st. The company reported GBX 35.90 EPS for the quarter. The business had revenue of £174.10 million during the quarter. Mpac Group had a negative return on equity of 12.67% and a negative net margin of 5.46%. Research analysts forecast that Mpac Group plc will post 43.2789474 earnings per share for the current year.

About Mpac Group

Mpac (AIM: MPAC) is a global leader in engineering and technology, designing, precision engineering, manufacturing, and supporting high-speed packaging equipment and solutions.

Mpac serves 80 countries across four key regions around the world including the Americas, EMEA, and APAC. The Company operates in the attractive growth markets of Food & Beverage, and Healthcare. These targeted markets boast significant growth opportunities.

Through its six core product lines – BCA, Lambert, Langen, Switchback, CSi and SIGA Vision – the Company provides Original Equipment and Services for automated high-speed packaging, from assembly of products through to case packing and palletising.