Mondi plc (LON:MNDI) Insider Mike Powell Acquires 13 Shares of Stock

Mondi plc (LON:MNDI) insider Mike Powell bought 13 shares of the business’s stock in a transaction dated Friday, June 6th. The stock was bought at an average cost of GBX 1,216 ($16.48) per share, for a total transaction of £158.08 ($214.23).

Mondi Trading Up 0.7%

MNDI opened at GBX 1,231.50 ($16.69) on Tuesday. The stock has a fifty day moving average price of GBX 1,145.30 and a 200-day moving average price of GBX 1,189.57. Mondi plc has a 12 month low of GBX 973.80 ($13.20) and a 12 month high of GBX 1,604.50 ($21.74). The firm has a market cap of £6.47 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 0.76 and a beta of 0.68. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00.

Analysts Set New Price Targets

Separately, Citigroup cut their target price on Mondi from GBX 1,600 ($21.68) to GBX 1,550 ($21.01) and set a “buy” rating for the company in a research report on Tuesday, February 25th.

Mondi Company Profile

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.