Mondi (OTCMKTS:MONDY) Downgraded by Barclays to “Strong Sell”

Mondi (OTCMKTS:MONDY) was downgraded by stock analysts at Barclays from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

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

Mondi Stock Up 0.7 %

OTCMKTS:MONDY traded up $0.21 during mid-day trading on Monday, reaching $29.27. The stock had a trading volume of 50,961 shares, 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 twelve month low of $28.22 and a twelve month high of $44.28. The business has a 50 day simple moving average of $35.11 and a 200 day simple moving average of $37.53.

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.