Mondi plc (LON:MNDI - Get Free Report) shares traded down 12.1% during trading on Thursday . The company traded as low as GBX 1,027.50 ($13.57) and last traded at GBX 1,027.50 ($13.57). 4,917,192 shares were traded during mid-day trading, a decline of 18% from the average session volume of 6,007,496 shares. The stock had previously closed at GBX 1,168.50 ($15.44).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. upped their price target on Mondi from GBX 1,430 ($18.89) to GBX 1,460 ($19.29) and gave the stock an "overweight" rating in a research report on Friday, July 18th.
Read Our Latest Research Report on Mondi
Mondi Stock Performance
The company has a debt-to-equity ratio of 41.00, a current ratio of 2.06 and a quick ratio of 1.14. The business has a 50-day simple moving average of GBX 1,192.27 and a 200 day simple moving average of GBX 1,191.50. The firm has a market cap of £5.40 billion, a PE ratio of 13.97, a PEG ratio of 0.76 and a beta of 0.68.
Insider Transactions at Mondi
In other Mondi news, insider Mike Powell bought 24 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average price of GBX 1,186 ($15.67) per share, for a total transaction of £284.64 ($376.01). Also, insider Andrew King bought 24 shares of the business's stock in a transaction that occurred on Monday, July 7th. The shares were acquired at an average price of GBX 1,186 ($15.67) per share, with a total value of £284.64 ($376.01). In the last 90 days, insiders acquired 100 shares of company stock valued at $118,496. Company insiders own 1.36% of the company's stock.
Mondi Company Profile
(
Get Free Report)
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.
Further Reading
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