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Mondi (OTCMKTS:MONDY) Downgraded to "Strong Sell" Rating by Barclays

Mondi logo with Basic Materials background

Mondi (OTCMKTS:MONDY - Get Free Report) was downgraded by stock analysts at Barclays from a "hold" rating to a "strong sell" rating in a research note issued on Monday,Zacks.com reports.

MONDY has been the topic of a number of other reports. UBS Group upgraded shares of Mondi from a "hold" rating to a "strong-buy" rating in a report on Friday, October 18th. Citigroup upgraded shares of Mondi from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 10th.

Read Our Latest Stock Report on Mondi

Mondi Stock Up 0.2 %

MONDY stock traded up $0.06 during midday trading on Monday, hitting $29.33. The company's stock had a trading volume of 34,913 shares, compared to its average volume of 10,262. Mondi has a 52-week low of $28.22 and a 52-week high of $44.28. The firm has a 50-day simple moving average of $35.11 and a 200-day simple moving average of $37.53. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.32 and a current ratio of 2.06.

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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