Mondi (LON:MNDI) Reaches New 1-Year Low - Should You Sell?

Mondi plc (LON:MNDI - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 803.60 and last traded at GBX 806, with a volume of 3264803 shares. The stock had previously closed at GBX 821.Wall Street Analyst Weigh InMNDI has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their target price on Mondi from GBX 1,180 to GBX 840 and set a "neutral" rating for the company in a research report on Monday, October 20th. Citigroup decreased their price target on shares of Mondi from GBX 1,530 to GBX 1,250 and set a "buy" rating on the stock in a research note on Tuesday, October 7th. Finally, Jefferies Financial Group reduced their target price on shares of Mondi from GBX 1,700 to GBX 1,400 and set a "buy" rating on the stock in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,163.33.Get Our Latest Research Report on MondiMondi Trading Down 1.7%The company has a debt-to-equity ratio of 41.00, a quick ratio of 1.14 and a current ratio of 2.06. The company has a market capitalization of £3.55 billion, a P/E ratio of 18.68, a PEG ratio of 0.76 and a beta of 0.68. The company's fifty day simple moving average is GBX 932.41 and its 200-day simple moving average is GBX 1,077.65. Insider Buying and SellingIn related news, insider Sucheta Govil purchased 625 shares of Mondi stock in a transaction dated Tuesday, October 7th. The stock was purchased at an average cost of GBX 873 per share, with a total value of £5,456.25. Also, insider Mike Powell acquired 10,000 shares of the company's stock in a transaction that occurred on Tuesday, October 7th. The shares were bought at an average cost of GBX 874 per share, for a total transaction of £87,400. Insiders have purchased a total of 17,802 shares of company stock valued at $15,624,510 over the last ninety days. Company insiders own 0.18% of the company's stock. 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.Featured ArticlesFive stocks we like better than MondiWhat is MarketRank™? How to Use itDigitalOcean’s Tide Has Turned: Get Ready to Ride the WaveHow to Invest in the FAANG StocksCAVA Stock Looking for Direction After Earnings MissWhat is a SEC Filing?3 Small AI Stocks Ready to Explode (All Under $20)This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Mondi Right Now?Before you consider Mondi, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mondi wasn't on the list.While Mondi currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here