Mondi (OTCMKTS:MONDY) Reaches New 52-Week Low – Here’s Why

by · The Cerbat Gem

Mondi plc (OTCMKTS:MONDY – Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $26.23 and last traded at $26.50, with a volume of 30051 shares. The stock had previously closed at $28.89.

Mondi Stock Performance

The business’s fifty day moving average price is $31.70 and its 200 day moving average price is $31.93. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.06 and a quick ratio of 1.32.

Mondi Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, April 4th will be paid a dividend of $1.0074 per share. This is an increase from Mondi’s previous dividend of $0.45. The ex-dividend date of this dividend is Friday, April 4th.

About Mondi

(Get Free Report)

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.

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