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

Shares of Mondi Plc Uns (OTCMKTS:MONDY) gapped down before the market opened on Friday . The stock had previously closed at $23.91, but opened at $23.22. Mondi Plc Uns shares last traded at $24.24, with a volume of 932 shares traded.

Analysts Set New Price Targets

Separately, Barclays downgraded shares of Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, Mondi Plc Uns currently has an average rating of “Reduce”.

Mondi Plc Uns Stock Up 0.8%

The company has a 50-day moving average of $22.80 and a 200 day moving average of $27.25. The company has a current ratio of 1.38, a quick ratio of 0.80 and a debt-to-equity ratio of 0.41.

About Mondi Plc Uns

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.