Mondi Plc Uns (OTCMKTS:MONDY) Shares Gap Down – Here’s What Happened

Mondi Plc Uns (OTCMKTS:MONDY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $23.91, but opened at $23.22. Mondi Plc Uns shares last traded at $24.24, with a volume of 932 shares changing hands.

Wall Street Analyst Weigh In

Separately, Barclays lowered Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, Mondi Plc Uns presently has a consensus rating of “Reduce”.

Mondi Plc Uns Trading Up 0.6%

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.38. The firm has a 50 day simple moving average of $22.75 and a two-hundred day simple moving average of $27.34.

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.