Shares of Mondi plc (OTCMKTS:MONDY - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.95 and traded as low as $29.67. Mondi shares last traded at $30.33, with a volume of 17,566 shares.
Wall Street Analysts Forecast Growth
MONDY has been the topic of several recent research reports. Barclays lowered Mondi from a "hold" rating to a "strong sell" rating in a research report on Monday, November 11th. UBS Group upgraded shares of Mondi from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 18th. Finally, Citigroup upgraded shares of Mondi from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 10th.
Get Our Latest Report on MONDY
Mondi Trading Down 2.3 %
The stock has a 50 day moving average price of $31.60 and a 200-day moving average price of $35.91. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.32 and a current ratio of 2.06.
Mondi Company Profile
(
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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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