Mondi Plc Uns (OTCMKTS:MONDY) Shares Gap Down – What’s Next?

Mondi Plc Uns (OTCMKTS:MONDY) shares 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 trading hands.

Analyst Upgrades and Downgrades

Separately, Barclays cut Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Mondi Plc Uns Stock Up 0.6%

The firm’s fifty day simple moving average is $22.75 and its 200 day simple moving average is $27.34. The company has a current ratio of 1.38, a quick ratio of 0.80 and a debt-to-equity ratio of 0.41.

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.