Mondi Plc Uns (OTCMKTS:MONDY) Shares Gap Down – Here’s Why

by · The Cerbat Gem

Mondi Plc Uns (OTCMKTS:MONDY – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $22.84, but opened at $21.77. Mondi Plc Uns shares last traded at $22.70, with a volume of 15,385 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on MONDY shares. Barclays cut Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Zacks Research lowered Mondi Plc Uns from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Mondi Plc Uns has an average rating of “Reduce”.

Check Out Our Latest Analysis on Mondi Plc Uns

Mondi Plc Uns Stock Down 1.4%

The stock’s 50-day simple moving average is $24.48 and its 200 day simple moving average is $28.75. 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 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 14th. Stockholders of record on Monday, August 25th were given a $0.4624 dividend. This represents a dividend yield of 501.0%. The ex-dividend date of this dividend was Friday, August 22nd.

About Mondi Plc Uns

(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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