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

Mondi plc (LON:MNDI) insider Andrew King acquired 13 shares of the business’s stock in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of GBX 1,216 ($16.48) per share, for a total transaction of £158.08 ($214.29).

Andrew King also recently made the following trade(s):

• On Friday, May 9th, Andrew King acquired 26 shares of Mondi stock. The stock was purchased at an average price of GBX 1,152 ($15.62) per share, for a total transaction of £299.52 ($406.02).

Mondi Stock Down 0.4%

MNDI stock opened at GBX 1,226.50 ($16.63) on Thursday. Mondi plc has a 52 week low of GBX 973.80 ($13.20) and a 52 week high of GBX 1,604.50 ($21.75). The company has a market capitalization of £6.45 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. The firm’s 50-day moving average is GBX 1,152.07 and its two-hundred day moving average is GBX 1,190.37. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00.

Wall Street Analysts Forecast Growth

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

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.