Mondi (LON:MNDI) Insider Andrew King Sells 34,403 Shares

Mondi plc (LON:MNDI) insider Andrew King sold 34,403 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of GBX 880, for a total value of £302,746.40.

Andrew King also recently made the following trade(s):

• On Thursday, January 8th, Andrew King bought 17 shares of Mondi stock. The stock was bought at an average cost of GBX 882 per share, for a total transaction of £149.94.
• On Friday, December 5th, Andrew King bought 17 shares of Mondi stock. The shares were bought at an average price of GBX 874 per share, for a total transaction of £148.58.

Mondi Price Performance

Mondi stock opened at GBX 882.05 on Friday. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00. The firm has a market capitalization of £3.89 billion, a P/E ratio of 20.42, a PEG ratio of 0.76 and a beta of 0.68. The business has a 50-day moving average of GBX 899.71 and a 200-day moving average of GBX 916.98. Mondi plc has a 1 year low of GBX 801.60 and a 1 year high of GBX 1,296.50.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upped their target price on shares of Mondi from GBX 840 to GBX 970 and gave the company a “neutral” rating in a research note on Friday, December 5th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,206.67.

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. The Corrugated Packaging segment provides virgin and recycled containerboards for fresh fruit packaging and heavy and fragile goods transport packaging applications; and corrugated solutions, such as corrugated boxes and packaging products.