Mondi plc (LON:MNDI) Insider Sells £433,919.98 in Stock

Mondi plc (LON:MNDI) insider Andrew King sold 35,509 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of GBX 1,222 ($15.40), for a total value of £433,919.98 ($546,980.94).

Andrew King also recently made the following trade(s):

• On Wednesday, January 8th, Andrew King bought 26 shares of Mondi stock. The stock was purchased at an average cost of GBX 1,161 ($14.64) per share, for a total transaction of £301.86 ($380.51).

Mondi Trading Up 0.7 %

Shares of MNDI opened at GBX 1,227.54 ($15.47) on Monday. Mondi plc has a twelve month low of GBX 1,134.50 ($14.30) and a twelve month high of GBX 1,618 ($20.40). The firm has a market capitalization of £6.45 billion, a P/E ratio of 16.69, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00. The stock’s fifty day simple moving average is GBX 1,217.37 and its 200 day simple moving average is GBX 1,297.24.

Analyst Upgrades and Downgrades

Separately, Citigroup cut their target price on Mondi from GBX 1,600 ($20.17) to GBX 1,550 ($19.54) and set a “buy” rating on the stock in a research report on Tuesday, February 25th.

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.