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MONDI PLC UNS (OTCMKTS:MONDY) Shares Gap Up - Here's What Happened

MONDI PLC UNS logo with Basic Materials background

Key Points

  • MONDI PLC UNS shares experienced a gap up, opening at $29.57 after a previous close of $28.63, with a trading volume of 119 shares.
  • Citigroup has reissued a "buy" rating on MONDI PLC UNS, indicating confidence in the stock's potential for growth.
  • The company operates in the manufacture and sale of packaging and paper solutions across multiple global regions, including Africa, Europe, and North America.
  • Want stock alerts on MONDI PLC UNS? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

MONDI PLC UNS (OTCMKTS:MONDY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $28.63, but opened at $29.57. MONDI PLC UNS shares last traded at $29.57, with a volume of 119 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a "buy" rating on shares of MONDI PLC UNS in a research report on Monday, May 12th.

Read Our Latest Report on MONDI PLC UNS

MONDI PLC UNS Price Performance

The stock's 50-day moving average is $31.60 and its 200-day moving average is $31.24. The company has a current ratio of 1.87, a quick ratio of 1.07 and a debt-to-equity ratio of 0.36.

About MONDI PLC UNS

(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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