Mondi (OTCMKTS:MONDY) Rating Increased to Hold at Barclays

Mondi (OTCMKTS:MONDY) was upgraded by stock analysts at Barclays from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

Mondi Stock Up 0.6 %

MONDY traded up $0.20 during trading on Wednesday, hitting $36.28. 2,306 shares of the stock traded hands, compared to its average volume of 10,479. The company has a current ratio of 2.09, a quick ratio of 1.53 and a debt-to-equity ratio of 0.24. Mondi has a 12-month low of $33.12 and a 12-month high of $44.28. The firm has a 50-day moving average of $38.79 and a 200 day moving average of $37.32.

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.