Mondi (LON:MNDI) Stock Price Crosses Above 200-Day Moving Average of $1,399.98

Mondi plc (LON:MNDIGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,399.98 ($17.57) and traded as high as GBX 1,408.50 ($17.68). Mondi shares last traded at GBX 1,372.50 ($17.23), with a volume of 1,593,450 shares changing hands.

Mondi Stock Performance

The company has a current ratio of 2.09, a quick ratio of 1.14 and a debt-to-equity ratio of 33.12. The firm has a 50-day moving average of GBX 1,380.98 and a 200-day moving average of GBX 1,399.98. The stock has a market capitalization of £6.04 billion, a price-to-earnings ratio of 1,400.51, a P/E/G ratio of 0.76 and a beta of 0.73.

Mondi Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Thursday, April 4th will be given a dividend of €0.47 ($0.50) per share. This represents a yield of 2.89%. The ex-dividend date of this dividend is Thursday, April 4th. Mondi’s dividend payout ratio is currently 6,326.53%.

Insiders Place Their Bets

In related news, insider Andrew King purchased 20 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were bought at an average cost of GBX 1,395 ($17.51) per share, with a total value of £279 ($350.24). 1.36% of the stock is owned by insiders.

Mondi Company Profile

(Get Free Report)

Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe, North America, South America, Asia, and Australia. It operates in Corrugated Packaging, Flexible Packaging, Personal Care Components, and Uncoated Fine Paper segments. The company offers flexible packaging, bags, and pouches; personal care components; release liners; functional films; corrugated solutions; industrial bags; barrier coatings; specialty kraft and sack kraft papers; containerboards; and office and professional printing papers.

Further Reading

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