Insider Buying: Mondi plc (LON:MNDI) Insider Purchases 13 Shares of Stock

Mondi plc (LON:MNDI - Get Free Report) insider Andrew King purchased 13 shares of the company's stock in a transaction on Friday, June 6th. The stock was purchased at an average cost of GBX 1,216 ($16.42) per share, for a total transaction of £158.08 ($213.42).

Andrew King also recently made the following trade(s):

• On Friday, May 9th, Andrew King purchased 26 shares of Mondi stock. The shares were acquired at an average cost of GBX 1,152 ($15.55) per share, with a total value of £299.52 ($404.37).

Mondi Stock Down 0.4%

Shares of LON MNDI traded down GBX 4.50 ($0.06) during mid-day trading on Wednesday, hitting GBX 1,226.50 ($16.56). The company had a trading volume of 730,699 shares, compared to its average volume of 7,592,728. The company has a market capitalization of £6.45 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. The firm has a 50-day simple moving average of GBX 1,148.47 and a two-hundred day simple moving average of GBX 1,189.96. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00. Mondi plc has a one year low of GBX 973.80 ($13.15) and a one year high of GBX 1,604.50 ($21.66).

Analyst Ratings Changes

Separately, Citigroup decreased their target price on shares of Mondi from GBX 1,600 ($21.60) to GBX 1,550 ($20.93) and set a "buy" rating for the company in a research report on Tuesday, February 25th.

About Mondi

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.