Mondi (LON:MNDI) Hits New 12-Month Low – Here’s What Happened

Mondi plc (LON:MNDI) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 1,196 ($15.39) and last traded at GBX 1,196 ($15.39), with a volume of 570662 shares trading hands. The stock had previously closed at GBX 1,203.50 ($15.49).

Mondi Trading Up 0.7 %

The stock has a 50 day moving average of GBX 1,359.42 and a 200 day moving average of GBX 1,465.13. The company has a debt-to-equity ratio of 37.41, a current ratio of 2.07 and a quick ratio of 1.14. The firm has a market cap of £5.11 billion, a P/E ratio of 1,575.68, a PEG ratio of 0.76 and a beta of 0.68.

Insider Activity

In other Mondi news, insider Mike Powell purchased 24 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were purchased at an average cost of GBX 1,243 ($16.00) per share, with a total value of £298.32 ($383.89). In related news, insider Andrew King bought 22 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The stock was bought at an average cost of GBX 1,425 ($18.34) per share, for a total transaction of £313.50 ($403.42). Also, insider Mike Powell purchased 24 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was bought at an average cost of GBX 1,243 ($16.00) per share, for a total transaction of £298.32 ($383.89). In the last three months, insiders have bought 10,056 shares of company stock worth $11,835,442. 1.36% of the stock is currently owned by insiders.

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.