Mondi (OTCMKTS:MONDY) Reaches New 12-Month Low – Should You Sell?

Mondi plc (OTCMKTS:MONDY) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $31.06 and last traded at $32.17, with a volume of 12652 shares changing hands. The stock had previously closed at $32.43.

Analyst Upgrades and Downgrades

MONDY has been the topic of several recent analyst reports. Barclays raised Mondi from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 7th. Citigroup upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, UBS Group upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 18th.

Mondi Price Performance

The business has a 50-day simple moving average of $36.47 and a two-hundred day simple moving average of $37.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.06 and a quick ratio of 1.32.

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.