Mondi plc (LON:MNDI - Get Free Report) shares were down 12.1% during mid-day trading on Thursday . The company traded as low as GBX 1,027.50 ($13.64) and last traded at GBX 1,027.50 ($13.64). Approximately 4,917,192 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 6,007,496 shares. The stock had previously closed at GBX 1,168.50 ($15.52).
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on MNDI shares. JPMorgan Chase & Co. raised their target price on shares of Mondi from GBX 1,430 ($18.99) to GBX 1,460 ($19.39) and gave the company an "overweight" rating in a report on Friday, July 18th. Citigroup dropped their target price on shares of Mondi from GBX 1,650 ($21.91) to GBX 1,550 ($20.58) and set a "buy" rating for the company in a report on Friday.
View Our Latest Stock Analysis on MNDI
Mondi Price Performance
The company's 50 day simple moving average is GBX 1,185.44 and its 200-day simple moving average is GBX 1,189.91. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00. The company has a market capitalization of £5.45 billion, a price-to-earnings ratio of 14.10, a PEG ratio of 0.76 and a beta of 0.68.
Insider Buying and Selling
In other news, insider Mike Powell purchased 24 shares of Mondi stock in a transaction dated Monday, July 7th. The stock was bought at an average price of GBX 1,186 ($15.75) per share, with a total value of £284.64 ($377.96). Also, insider Andrew King acquired 24 shares of Mondi stock in a transaction that occurred on Monday, July 7th. The stock was bought at an average cost of GBX 1,186 ($15.75) per share, with a total value of £284.64 ($377.96). Insiders have bought 100 shares of company stock worth $118,496 in the last quarter. 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.
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