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Insider Buying: Mondi plc (LON:MNDI) Insider Buys 24 Shares of Stock

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Mondi plc (LON:MNDI - Get Free Report) insider Andrew King purchased 24 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was purchased at an average price of GBX 1,287 ($16.65) per share, with a total value of £308.88 ($399.53).

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

  • On Thursday, February 27th, Andrew King sold 35,509 shares of Mondi stock. The stock was sold at an average price of GBX 1,222 ($15.81), for a total value of £433,919.98 ($561,272.77).
  • On Wednesday, January 8th, Andrew King bought 26 shares of Mondi stock. The shares were bought at an average price of GBX 1,161 ($15.02) per share, with a total value of £301.86 ($390.45).

Mondi Stock Up 1.9 %

Shares of MNDI traded up GBX 23 ($0.30) during midday trading on Friday, hitting GBX 1,253 ($16.21). 988,029 shares of the company's stock traded hands, compared to its average volume of 7,048,485. Mondi plc has a 1 year low of GBX 1,134.50 ($14.67) and a 1 year high of GBX 1,618 ($20.93). The firm's fifty day moving average is GBX 1,233.75 and its 200-day moving average is GBX 1,283.48. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00. The stock has a market capitalization of £6.59 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68.

Wall Street Analyst Weigh In

Separately, Citigroup lowered their target price on Mondi from GBX 1,600 ($20.70) to GBX 1,550 ($20.05) and set a "buy" rating for the company in a report on Tuesday, February 25th.

Read Our Latest Research Report on MNDI

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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.

Further Reading

Insider Buying and Selling by Quarter for Mondi (LON:MNDI)

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