Mondi plc (LON:MNDI) Insider Buys £158.08 in Stock

Mondi plc (LON:MNDI) insider Mike Powell acquired 13 shares of Mondi stock in a transaction dated Friday, June 6th. The stock was purchased at an average price of GBX 1,216 ($16.48) per share, with a total value of £158.08 ($214.29).

Mondi Price Performance

LON:MNDI opened at GBX 1,226.50 ($16.63) on Thursday. The stock has a market cap of £6.45 billion, a P/E ratio of 16.68, a PEG ratio of 0.76 and a beta of 0.68. Mondi plc has a one year low of GBX 973.80 ($13.20) and a one year high of GBX 1,604.50 ($21.75). The company has a fifty day moving average price of GBX 1,152.07 and a 200 day moving average price of GBX 1,190.37. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.06 and a quick ratio of 1.14.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut their target price on shares of Mondi from GBX 1,600 ($21.69) to GBX 1,550 ($21.01) and set a “buy” rating for the company in a research note on Tuesday, February 25th.

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.