Mondi (OTCMKTS:MONDY) Lowered to Strong Sell Rating by Barclays

Barclays lowered shares of Mondi (OTCMKTS:MONDY) from a hold rating to a strong sell rating in a research report report published on Monday,Zacks.com reports.

MONDY has been the topic of a number of other reports. UBS Group upgraded Mondi from a “hold” rating to a “strong-buy” rating in a report on Friday, October 18th. Citigroup upgraded Mondi from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 10th.

Mondi Stock Up 0.7 %

OTCMKTS:MONDY traded up $0.21 during mid-day trading on Monday, hitting $29.27. 50,961 shares of the company’s stock traded hands, compared to its average volume of 19,253. The firm has a 50 day moving average of $35.11 and a two-hundred day moving average of $37.53. 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 has a 12 month low of $28.22 and a 12 month high of $44.28.

Mondi Company Profile

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.