Mondi plc (LON:MNDI - Get Free Report) shares traded down 12.1% during mid-day 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 changed hands during 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. increased 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.
View Our Latest Analysis on MNDI
Mondi Price Performance
The firm has a market cap of £5.40 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. 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 50 day moving average price of GBX 1,192.27 and a two-hundred day moving average price of GBX 1,191.50.
Insider Transactions at Mondi
In other news, insider Andrew King bought 24 shares of the firm'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, with a total value of £284.64 ($376.01). Also, insider Mike Powell bought 24 shares of the firm's stock in a transaction that occurred on Monday, July 7th. The shares were purchased at an average cost of GBX 1,186 ($15.67) per share, with a total value of £284.64 ($376.01). Insiders have bought 100 shares of company stock worth $118,496 in the last 90 days. Insiders own 1.36% of the company's stock.
About Mondi
(
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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