Mondi plc (LON:MNDI - Get Free Report) dropped 14.6% on Monday . The stock traded as low as GBX 884.60 ($11.88) and last traded at GBX 894.60 ($12.02). Approximately 53,764,844 shares changed hands during trading, an increase of 779% from the average daily volume of 6,113,129 shares. The stock had previously closed at GBX 1,047.52 ($14.07).
Analyst Upgrades and Downgrades
MNDI has been the subject of a number of research analyst reports. Citigroup lowered their price target on Mondi from GBX 1,650 to GBX 1,550 and set a "buy" rating for the company in a report on Friday, August 1st. JPMorgan Chase & Co. lowered their target price on shares of Mondi from GBX 1,460 to GBX 1,240 and set an "overweight" rating for the company in a report on Monday, August 11th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Mondi currently has an average rating of "Buy" and a consensus price target of GBX 1,395.
Get Our Latest Stock Report on Mondi
Mondi Stock Performance
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 firm has a 50-day simple moving average of GBX 1,045.18 and a 200 day simple moving average of GBX 1,123.22. The company has a market cap of £3.94 billion, a price-to-earnings ratio of 2,070.83, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68.
Mondi Company Profile
(
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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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