Mondi (LON:MNDI) Reaches New 12-Month Low – Should You Sell?

Mondi plc (LON:MNDI)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,251.50 ($16.25) and last traded at GBX 1,252 ($16.26), with a volume of 1966423 shares. The stock had previously closed at GBX 1,257 ($16.32).

Mondi Stock Performance

The company has a quick ratio of 1.14, a current ratio of 2.07 and a debt-to-equity ratio of 37.41. The firm has a 50-day moving average of GBX 1,412.84 and a two-hundred day moving average of GBX 1,478.48. The company has a market capitalization of £5.61 billion, a PE ratio of 1,718.92, a PEG ratio of 0.76 and a beta of 0.68.

Mondi Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 22nd were given a €0.23 ($0.25) dividend. The ex-dividend date was Thursday, August 22nd. This represents a dividend yield of 1.29%. Mondi’s dividend payout ratio (DPR) is currently 8,108.11%.

Insider Buying and Selling at Mondi

In other Mondi news, insider Andrew King bought 22 shares of the firm’s stock in a transaction on Monday, October 7th. The shares were acquired at an average cost of GBX 1,425 ($18.50) per share, with a total value of £313.50 ($407.04). Over the last three months, insiders have acquired 54 shares of company stock valued at $77,818. Company insiders own 1.36% of the company’s stock.

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.