Mondi Plc Uns (OTCMKTS:MONDY – Get Free Report) fell 0.7% during mid-day trading on Monday. The stock traded as low as $20.81 and last traded at $20.8801. 17,226 shares were traded during trading, a decline of 10% from the average session volume of 19,242 shares. The stock had previously closed at $21.03.
Wall Street Analysts Forecast Growth
MONDY has been the subject of a number of research reports. UBS Group cut shares of Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. The Goldman Sachs Group upgraded shares of Mondi Plc Uns from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mondi Plc Uns presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on Mondi Plc Uns
Mondi Plc Uns Trading Down 0.7%
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Mondi Plc Uns stock. Syon Capital LLC acquired a new stake in shares of Mondi Plc Uns (OTCMKTS:MONDY – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 4,676 shares of the company’s stock, valued at approximately $58,000.
About Mondi Plc Uns
Mondi plc is an international packaging and paper group that develops and manufactures solutions for consumer, industrial and e-commerce markets. Its products include corrugated packaging, paper bags, flexible packaging, containerboard, kraft paper, release liners and other specialty paper products.
The company serves customers across Europe and other regions, with operations and production sites in a range of countries. Mondi’s business is organized around packaging and paper applications, with an emphasis on recyclable and resource-efficient materials designed to replace less sustainable packaging formats.
Mondi traces its origins to 1967, when its first paper mill was established in South Africa as part of Anglo American.
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