Mondi Plc Uns (OTCMKTS:MONDY) Shares Gap Down – Here’s What Happened

Mondi Plc Uns (OTCMKTS:MONDY) gapped down before the market opened on Tuesday . The stock had previously closed at $26.57, but opened at $24.93. Mondi Plc Uns shares last traded at $24.97, with a volume of 21,279 shares changing hands.

Analyst Upgrades and Downgrades

MONDY has been the subject of several recent research reports. Zacks Research raised Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Barclays downgraded shares of Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Mondi Plc Uns currently has an average rating of “Hold”.

Mondi Plc Uns Trading Down 4.9%

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 firm’s 50-day simple moving average is $24.52 and its two-hundred day simple moving average is $25.01.

Mondi Plc Uns Company Profile

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.