Insider Buying: Mpac Group (LON:MPAC) Insider Purchases £10,098 in Stock

Mpac Group plc (LON:MPAC) insider Simon Kesterton purchased 2,700 shares of Mpac Group stock in a transaction dated Friday, January 30th. The shares were purchased at an average price of GBX 374 per share, with a total value of £10,098.

Mpac Group Stock Up 1.5%

Shares of Mpac Group stock opened at GBX 357.35 on Thursday. The stock has a market capitalization of £107.46 million, a P/E ratio of -7.94, a PEG 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 plc has a 12-month low of GBX 260 and a 12-month high of GBX 554. The stock has a 50 day moving average price of GBX 331.02 and a two-hundred day moving average price of GBX 322.64.

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.