Mondi (OTCMKTS:MONDY) Stock Rating Upgraded by Barclays

Mondi (OTCMKTS:MONDY) was upgraded by research analysts at Barclays from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Mondi Stock Up 7.4 %

MONDY stock traded up $1.90 during midday trading on Monday, reaching $27.43. The stock had a trading volume of 63,825 shares, compared to its average volume of 20,475. The firm has a fifty day simple moving average of $31.17 and a two-hundred day simple moving average of $31.47. Mondi has a 52-week low of $25.53 and a 52-week high of $41.67. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.32 and a current ratio of 2.06.

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.