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Mpac Group PLC ( (GB:MPAC) ) has issued an announcement.
Mpac Group PLC announced that Clive Whiley, a Non-Executive Director, purchased 25,000 Ordinary Shares at 320 pence each, representing approximately 0.08% of the company’s issued share capital. This transaction, disclosed in accordance with UK Market Abuse Regulation, signifies a potential vote of confidence in the company’s future prospects by its board member.
The most recent analyst rating on (GB:MPAC) stock is a Hold with a £339.00 price target. To see the full list of analyst forecasts on Mpac Group PLC stock, see the GB:MPAC Stock Forecast page.
Spark’s Take on GB:MPAC Stock
According to Spark, TipRanks’ AI Analyst, GB:MPAC is a Neutral.
The overall score is influenced by solid financial performance and strategic corporate events, offset by bearish technical indicators and a high P/E ratio. Key concerns include profitability challenges and operational risks due to market conditions.
To see Spark’s full report on GB:MPAC stock, click here.
More about Mpac Group PLC
Mpac Group PLC is a global leader in high-speed packaging and automation solutions, catering to various industries with a focus on enhancing operational efficiency through advanced technology.
Average Trading Volume: 124,101
Technical Sentiment Signal: Sell
Current Market Cap: £96.23M
See more insights into MPAC stock on TipRanks’ Stock Analysis page.