Insider Buying: Mondi plc (LON:MNDI) Insider Buys 26 Shares of Stock

Mondi plc (LON:MNDI) insider Andrew King acquired 26 shares of the firm’s stock in a transaction on Wednesday, January 8th. The shares were bought at an average cost of GBX 1,161 ($14.35) per share, for a total transaction of £301.86 ($373.13).

Mondi Price Performance

Shares of MNDI traded up GBX 17.20 ($0.21) during mid-day trading on Thursday, hitting GBX 1,180.20 ($14.59). 2,586,677 shares of the company were exchanged, compared to its average volume of 1,199,551. The company has a 50 day moving average of GBX 1,197.55 and a 200-day moving average of GBX 1,373.53. Mondi plc has a 1-year low of GBX 1,134.50 ($14.02) and a 1-year high of GBX 1,643.40 ($20.31). The stock has a market cap of £5.20 billion, a price-to-earnings ratio of 1,594.86, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. The company has a debt-to-equity ratio of 37.41, a quick ratio of 1.14 and a current ratio of 2.07.

Mondi Company Profile

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.