Mondi plc (LON:MNDI) Insider Acquires £313.50 in Stock

Mondi plc (LON:MNDI) insider Andrew King acquired 22 shares of the stock in a transaction that occurred on Monday, October 7th. The stock was acquired at an average price of GBX 1,425 ($18.65) per share, for a total transaction of £313.50 ($410.29).

Mondi Price Performance

Shares of LON MNDI opened at GBX 1,432.57 ($18.75) on Friday. The stock’s 50-day simple moving average is GBX 1,446.80 and its two-hundred day simple moving average is GBX 1,482.38. Mondi plc has a twelve month low of GBX 1,304 ($17.07) and a twelve month high of GBX 1,719.85 ($22.51). The firm has a market capitalization of £6.32 billion, a P/E ratio of 1,935.90, a P/E/G ratio of 0.76 and a beta of 0.68. The company has a quick ratio of 1.14, a current ratio of 2.07 and a debt-to-equity ratio of 37.41.

Mondi Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 22nd were given a €0.23 ($0.26) dividend. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, August 22nd. Mondi’s dividend payout ratio (DPR) is 8,108.11%.

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.