Mondi Plc Uns (OTCMKTS:MONDY) Reaches New 1-Year Low on Analyst Downgrade

Mondi Plc Uns (OTCMKTS:MONDY) shares reached a new 52-week low during mid-day trading on Tuesday after UBS Group downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $18.34 and last traded at $18.34, with a volume of 128 shares changing hands. The stock had previously closed at $18.84.

A number of other equities analysts also recently issued reports on the company. The Goldman Sachs Group raised Mondi Plc Uns to a “strong-buy” rating in a research report on Tuesday, March 24th. Zacks Research upgraded Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Mondi Plc Uns presently has an average rating of “Hold”.

Mondi Plc Uns Stock Down 0.3%

The stock’s fifty day simple moving average is $20.12 and its 200 day simple moving average is $22.56. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49.

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.