Mondi (OTCMKTS:MONDY) Hits New 1-Year Low – Time to Sell?

Mondi plc (OTCMKTS:MONDYGet Free Report) shares reached a new 52-week low during trading on Friday . The company traded as low as $26.23 and last traded at $26.50, with a volume of 30051 shares changing hands. The stock had previously closed at $28.89.

Mondi Stock Down 8.3 %

The firm has a 50-day moving average of $31.70 and a two-hundred day moving average of $31.93. 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 Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, April 4th will be given a $1.0074 dividend. The ex-dividend date of this dividend is Friday, April 4th. This is a boost from Mondi’s previous dividend of $0.45.

About Mondi

(Get Free Report)

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.

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