Mondi Plc Uns (OTCMKTS:MONDY) Shares Gap Down – Time to Sell?

Mondi Plc Uns (OTCMKTS:MONDY) gapped down before the market opened on Tuesday . The stock had previously closed at $26.57, but opened at $24.93. Mondi Plc Uns shares last traded at $24.97, with a volume of 21,279 shares changing hands.

Analysts Set New Price Targets

Several brokerages have commented on MONDY. Zacks Research upgraded Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. Barclays lowered shares of Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Mondi Plc Uns Stock Down 4.9%

The company has a 50-day simple moving average of $24.52 and a 200-day simple moving average of $25.01. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.38.

Mondi Plc Uns Company Profile

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.