Mondi (OTCMKTS:MONDY) Rating Lowered to “Strong Sell” at Barclays

Mondi (OTCMKTS:MONDY) was downgraded by Barclays from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities analysts also recently issued reports about the company. Citigroup upgraded Mondi from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 10th. UBS Group upgraded Mondi from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 18th.

Mondi Price Performance

OTCMKTS MONDY opened at $29.27 on Monday. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. Mondi has a one year low of $28.22 and a one year high of $44.28. The company has a 50-day simple moving average of $35.28 and a 200-day simple moving average of $37.59.

Mondi Company Profile

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.