Mondi (OTCMKTS:MONDY) Reaches New 12-Month Low – What’s Next?

Mondi plc (OTCMKTS:MONDYGet Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as $31.06 and last traded at $32.17, with a volume of 12652 shares changing hands. The stock had previously closed at $32.43.

Analyst Upgrades and Downgrades

MONDY has been the subject of several recent research reports. Barclays raised shares of Mondi from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Citigroup raised Mondi from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 10th. Finally, UBS Group raised Mondi from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 18th.

Check Out Our Latest Stock Analysis on Mondi

Mondi Price Performance

The company’s 50 day moving average price is $36.72 and its 200-day moving average price is $37.95. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36.

Mondi Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, August 23rd were paid a $0.4533 dividend. The ex-dividend date was Friday, August 23rd.

Mondi 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.

Further Reading

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