Mondi (OTCMKTS:MONDY) Hits New 12-Month Low – Time to Sell?

Shares of Mondi plc (OTCMKTS:MONDY) reached a new 52-week low on Tuesday . The company traded as low as $27.82 and last traded at $28.42, with a volume of 12446 shares changing hands. The stock had previously closed at $28.87.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Barclays cut Mondi from a “hold” rating to a “strong sell” rating in a research report on Monday, November 11th. Citigroup upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, UBS Group upgraded shares of Mondi from a “hold” rating to a “strong-buy” rating in a report on Friday, October 18th.

Mondi Price Performance

The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. The firm has a fifty day moving average price of $31.04 and a 200-day moving average price of $35.67.

About Mondi

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.