Mondi plc (OTCMKTS:MONDY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $31.70 and traded as low as $30.55. Mondi shares last traded at $30.67, with a volume of 7,462 shares changing hands.
Mondi Stock Performance
The company has a 50-day simple moving average of $31.70 and a 200 day simple moving average of $32.18. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.06 and a quick ratio of 1.32.
Mondi Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, April 4th will be given a dividend of $1.0074 per share. The ex-dividend date is Friday, April 4th. This is a positive change from Mondi’s previous dividend of $0.45.
About Mondi
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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