Mondi Plc Uns (OTCMKTS:MONDY) Sees Large Volume Increase – Here’s Why
by Michael Walen · The Markets DailyMondi Plc Uns (OTCMKTS:MONDY – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 105,958 shares were traded during mid-day trading, an increase of 138% from the previous session’s volume of 44,465 shares.The stock last traded at $25.05 and had previously closed at $25.19.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Barclays lowered Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Zacks Research raised Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Get Our Latest Stock Report on MONDY
Mondi Plc Uns Stock Performance
The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.38. The business has a 50-day moving average price of $23.22 and a 200 day moving average price of $26.64.
About Mondi Plc Uns
Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.
Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.