Mondi (LON:MNDI) Hits New 1-Year Low – Should You Sell?

Mondi plc (LON:MNDI)’s stock price 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 Stock Performance

The stock’s 50 day moving average price is GBX 1,370.68 and its 200 day moving average price is GBX 1,467.75. The company has a debt-to-equity ratio of 37.41, a quick ratio of 1.14 and a current ratio of 2.07. The company has a market capitalization of £5.19 billion, a P/E ratio of 1,620.78, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68.

Insider Activity

In other news, insider Mike Powell acquired 24 shares of Mondi stock in a transaction dated Thursday, November 7th. The shares were bought 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 Mike Powell bought 24 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were bought at an average price of GBX 1,243 ($16.00) per share, for a total transaction of £298.32 ($383.89). Also, insider Andrew King bought 22 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The shares were bought at an average price of GBX 1,425 ($18.34) per share, for a total transaction of £313.50 ($403.42). In the last three months, insiders have bought 56 shares of company stock valued at $75,442. 1.36% of the stock is currently owned by insiders.

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.