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

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

Several other research firms also recently commented on MONDY. UBS Group raised shares of Mondi from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 18th. Citigroup raised shares of Mondi from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 10th.

Mondi Trading Up 0.7 %

Shares of Mondi stock traded up $0.21 during trading on Monday, hitting $29.27. 50,961 shares of the stock traded hands, compared to its average volume of 19,253. 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 52 week low of $28.22 and a 52 week high of $44.28. The firm’s fifty day moving average is $35.11 and its 200-day moving average is $37.53.

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.