Shares of Mondi Plc Uns (OTCMKTS:MONDY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $20.8801, but opened at $21.79. Mondi Plc Uns shares last traded at $21.83, with a volume of 1,958 shares traded.
Wall Street Analyst Weigh In
MONDY has been the subject of a number of recent analyst reports. The Goldman Sachs Group upgraded Mondi Plc Uns from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 9th. UBS Group lowered Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. 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. Based on data from MarketBeat.com, Mondi Plc Uns presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on Mondi Plc Uns
Mondi Plc Uns Price Performance
The firm’s 50-day simple moving average is $22.67 and its 200 day simple moving average is $21.43.
Institutional Investors Weigh In On Mondi Plc Uns
An institutional investor recently bought a new stake in Mondi Plc Uns stock. Syon Capital LLC purchased a new position in shares of Mondi Plc Uns (OTCMKTS:MONDY – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,676 shares of the company’s stock, valued at approximately $58,000.
Mondi Plc Uns Company Profile
Mondi plc is an international packaging and paper group that develops and manufactures solutions for consumer, industrial and e-commerce markets. Its products include corrugated packaging, paper bags, flexible packaging, containerboard, kraft paper, release liners and other specialty paper products.
The company serves customers across Europe and other regions, with operations and production sites in a range of countries. Mondi’s business is organized around packaging and paper applications, with an emphasis on recyclable and resource-efficient materials designed to replace less sustainable packaging formats.
Mondi traces its origins to 1967, when its first paper mill was established in South Africa as part of Anglo American.
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