Mondi Plc Uns (OTCMKTS:MONDY) Reaches New 12-Month Low After Analyst Downgrade

Mondi Plc Uns (OTCMKTS:MONDY) shares hit a new 52-week low during mid-day trading on Tuesday after UBS Group downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $18.34 and last traded at $18.34, with a volume of 128 shares traded. The stock had previously closed at $18.84.

MONDY has been the topic of several other research reports. The Goldman Sachs Group raised shares of Mondi Plc Uns to a “strong-buy” rating in a research note on Tuesday, March 24th. Zacks Research upgraded shares of Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Mondi Plc Uns Stock Down 0.3%

The firm has a 50-day moving average price of $20.12 and a two-hundred day moving average price of $22.56. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.53.

About Mondi Plc Uns

Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.

Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.