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

Mondi plc (LON:MNDI)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 1,145.50 ($14.40) and last traded at GBX 1,149 ($14.45), with a volume of 5275625 shares trading hands. The stock had previously closed at GBX 1,189 ($14.95).

Mondi Stock Down 3.2 %

The stock has a market cap of £5.08 billion, a price-to-earnings ratio of 1,556.08, a PEG ratio of 0.76 and a beta of 0.68. The business’s 50 day moving average is GBX 1,258.68 and its 200-day moving average is GBX 1,412.92. The company has a debt-to-equity ratio of 37.41, a quick ratio of 1.14 and a current ratio of 2.07.

Insider Activity at Mondi

In other news, insider Mike Powell purchased 24 shares of Mondi stock in a transaction dated Thursday, November 7th. The shares were purchased at an average price of GBX 1,243 ($15.63) per share, with a total value of £298.32 ($375.06). Also, insider Philip Yea bought 10,000 shares of Mondi stock in a transaction on Tuesday, November 12th. The stock was acquired at an average price of GBX 1,176 ($14.79) per share, for a total transaction of £117,600 ($147,850.14). In the last ninety days, insiders bought 10,058 shares of company stock valued at $11,835,534. 1.36% of the stock is owned by insiders.

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.