Mike Powell Purchases 13 Shares of Mondi plc (LON:MNDI) Stock

Mondi plc (LON:MNDI - Get Free Report) insider Mike Powell bought 13 shares of the business's stock in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of GBX 1,216 ($16.42) per share, with a total value of £158.08 ($213.42).

Mondi Stock Performance

Shares of MNDI stock traded down GBX 4.50 ($0.06) during trading on Wednesday, reaching GBX 1,226.50 ($16.56). 730,699 shares of the company's stock were exchanged, compared to its average volume of 7,592,728. Mondi plc has a twelve month low of GBX 973.80 ($13.15) and a twelve month high of GBX 1,604.50 ($21.66). The firm's fifty day moving average price is GBX 1,148.47 and its 200-day moving average price is GBX 1,189.96. The company has a quick ratio of 1.14, a current ratio of 2.06 and a debt-to-equity ratio of 41.00. The stock has a market capitalization of £6.45 billion, a PE ratio of 16.68, a PEG ratio of 0.76 and a beta of 0.68.

Analysts Set New Price Targets

Separately, Citigroup dropped their price objective on Mondi from GBX 1,600 ($21.60) to GBX 1,550 ($20.93) and set a "buy" rating on the stock in a research note on Tuesday, February 25th.

Mondi Company Profile

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.