Mondi Plc Uns (OTCMKTS:MONDY) Lowered to “Hold” Rating by UBS Group

Mondi Plc Uns (OTCMKTS:MONDY) was downgraded by UBS Group from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. The Goldman Sachs Group raised Mondi Plc Uns to a “strong-buy” rating in a research report on Tuesday, March 24th. Zacks Research upgraded Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Mondi Plc Uns Stock Down 0.3%

Shares of Mondi Plc Uns stock opened at $18.16 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.53. Mondi Plc Uns has a 1 year low of $17.87 and a 1 year high of $33.93. The business has a 50 day moving average price of $20.12 and a 200 day moving average price of $22.56.

About Mondi Plc Uns

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.