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Mondi (OTCMKTS:MONDY) Reaches New 52-Week Low - Should You Sell?

Mondi logo with Basic Materials background

Shares of Mondi plc (OTCMKTS:MONDY - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $32.88 and last traded at $32.91, with a volume of 7365 shares trading hands. The stock had previously closed at $33.53.

Analysts Set New Price Targets

A number of equities analysts have commented on MONDY shares. Citigroup raised Mondi from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 10th. Barclays upgraded shares of Mondi from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 7th.

Read Our Latest Analysis on MONDY

Mondi Trading Down 1.9 %

The firm has a fifty day moving average price of $37.41 and a 200-day moving average price of $38.11. The company has a current ratio of 2.06, a quick ratio of 1.32 and a debt-to-equity ratio of 0.36.

Mondi Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, August 23rd were paid a $0.4533 dividend. The ex-dividend date was Friday, August 23rd.

Mondi Company Profile

(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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