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Mondi Plc Uns (OTCMKTS:MONDY) Shares Gap Up - Time to Buy?

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.
  • MarketBeat previews the top five stocks to own by October 1st.

Mondi Plc Uns (OTCMKTS:MONDY - Get Free Report) shares 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 traded.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MONDY. Citigroup restated a "buy" rating on shares of Mondi Plc Uns in a research report on Monday, May 12th. Zacks Research lowered Mondi Plc Uns from a "hold" rating to a "strong sell" rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Check Out Our Latest Stock Analysis on MONDY

Mondi Plc Uns Price Performance

The company has a debt-to-equity ratio of 0.36, a current ratio of 1.87 and a quick ratio of 1.07. The company has a 50-day moving average price of $31.32 and a two-hundred day moving average price of $31.20.

Mondi Plc Uns Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.4624 per share. This represents a dividend yield of 501.0%. The ex-dividend date is Friday, August 22nd.

Mondi Plc Uns 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.

See Also

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