Mondi (OTCMKTS:MONDY) Trading Up 0% – Time to Buy?

Mondi plc (OTCMKTS:MONDY)’s stock price rose 0% on Friday . The stock traded as high as $30.36 and last traded at $30.07. Approximately 19,312 shares traded hands during mid-day trading, an increase of 69% from the average daily volume of 11,444 shares. The stock had previously closed at $30.06.

Wall Street Analysts Forecast Growth

MONDY has been the subject of several analyst reports. Barclays cut shares of Mondi from a “hold” rating to a “strong sell” rating in a report on Monday, November 11th. Citigroup raised Mondi from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, UBS Group raised Mondi from a “hold” rating to a “strong-buy” rating in a report on Friday, October 18th.

Mondi Stock Up 0.0 %

The company has a current ratio of 2.06, a quick ratio of 1.32 and a debt-to-equity ratio of 0.36. The business’s 50-day simple moving average is $32.70 and its 200-day simple moving average is $36.45.

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.