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Mondi (OTCMKTS:MONDY) Sets New 1-Year Low - Should You Sell?

Mondi logo with Basic Materials background

Mondi plc (OTCMKTS:MONDY - Get Free Report)'s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $27.82 and last traded at $28.42, with a volume of 12446 shares traded. The stock had previously closed at $28.87.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on MONDY shares. UBS Group raised shares of Mondi from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 18th. Citigroup raised shares of Mondi from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 10th. Finally, Barclays lowered shares of Mondi from a "hold" rating to a "strong sell" rating in a research report on Monday, November 11th.

Check Out Our Latest Stock Report on Mondi

Mondi Stock Down 1.5 %

The company has a 50 day moving average of $31.04 and a 200 day moving average of $35.67. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.06 and a quick ratio of 1.32.

About Mondi

(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.

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