Mondi Plc Uns (OTCMKTS:MONDY) Sees Unusually-High Trading Volume – What’s Next?

Mondi Plc Uns (OTCMKTS:MONDY) saw unusually-strong trading volume on Monday . Approximately 22,195 shares traded hands during trading, a decline of 41% from the previous session’s volume of 37,846 shares.The stock last traded at $23.19 and had previously closed at $23.19.

Wall Street Analysts Forecast Growth

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

Mondi Plc Uns Stock Down 0.2%

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.38. The firm has a 50 day simple moving average of $23.56 and a 200-day simple moving average of $28.16.

Mondi Plc Uns 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.