Andrew King Sells 35,509 Shares of Mondi plc (LON:MNDI) Stock

Mondi plc (LON:MNDI - Get Free Report) insider Andrew King sold 35,509 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of GBX 1,222 ($15.53), for a total transaction of £433,919.98 ($551,429.64).

Andrew King also recently made the following trade(s):

• On Wednesday, January 8th, Andrew King acquired 26 shares of Mondi stock. The shares were bought at an average price of GBX 1,161 ($14.75) per share, with a total value of £301.86 ($383.61).

Mondi Trading Down 3.1 %

MNDI traded down GBX 38.50 ($0.49) during trading on Tuesday, hitting GBX 1,196.50 ($15.21). The company's stock had a trading volume of 1,435,152 shares, compared to its average volume of 4,051,549. Mondi plc has a twelve month low of GBX 1,134.50 ($14.42) and a twelve month high of GBX 1,618 ($20.56). The stock has a market cap of £6.29 billion, a PE ratio of 16.27, a PEG ratio of 0.76 and a beta of 0.68. The firm's 50 day moving average price is GBX 1,219.09 and its 200-day moving average price is GBX 1,293.67. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.06 and a quick ratio of 1.14.

Wall Street Analyst Weigh In

Separately, Citigroup decreased their price target on shares of Mondi from GBX 1,600 ($20.33) to GBX 1,550 ($19.70) and set a "buy" rating on the stock in a research note on Tuesday, February 25th.

About Mondi

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.