Mondi Plc Uns (OTCMKTS:MONDY) Sees Large Volume Increase – What’s Next?

Mondi Plc Uns (OTCMKTS:MONDY) saw strong trading volume on Thursday . 62,040 shares were traded during trading, an increase of 80% from the previous session’s volume of 34,384 shares.The stock last traded at $21.69 and had previously closed at $22.11.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on MONDY shares. Zacks Research cut Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 14th. Barclays downgraded shares of Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Mondi Plc Uns Stock Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.38. The company has a 50 day moving average price of $23.97 and a 200-day moving average price of $28.47.

About Mondi Plc Uns

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.