Mondi Plc Uns (OTCMKTS:MONDY) Upgraded at The Goldman Sachs Group

Mondi Plc Uns (OTCMKTS:MONDY) was upgraded by investment analysts at The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

Separately, UBS Group lowered Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Mondi Plc Uns Price Performance

Shares of MONDY stock opened at $22.36 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49. Mondi Plc Uns has a fifty-two week low of $17.87 and a fifty-two week high of $28.32. The stock’s 50-day moving average is $22.12 and its two-hundred day moving average is $21.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Mondi Plc Uns stock. Syon Capital LLC bought a new stake in Mondi Plc Uns (OTCMKTS:MONDY) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,676 shares of the company’s stock, valued at approximately $58,000.

About Mondi Plc Uns

Mondi plc is a global packaging and paper company that develops and manufactures packaging solutions and paper products for businesses across a range of industries. Its portfolio serves sectors including food and beverages, consumer goods, e-commerce, agriculture, construction and industrial manufacturing.

The company produces corrugated packaging, containerboard, paper bags, flexible packaging, films, kraft paper and specialty papers. Mondi also provides protective and industrial packaging products, as well as packaging systems designed to support customers’ filling, wrapping and logistics operations.

Mondi operates an integrated business model spanning forestry, pulp and paper production, packaging materials and converted packaging products.