Insider Buying: Mondi Plc (LON:MNDI) Insider Purchases £144.63 in Stock
Mondi Plc (LON:MNDI) insider Andrew King acquired 9 shares of the stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of GBX 1,607 ($21.00) per share, for a total transaction of £144.63 ($188.98).
LON:MNDI opened at GBX 1,650 ($21.56) on Thursday. The firm’s fifty day simple moving average is GBX 1,646.40 and its 200-day simple moving average is GBX 1,720.30. The company has a quick ratio of 0.81, a current ratio of 1.47 and a debt-to-equity ratio of 58.89. The stock has a market cap of $8.01 billion and a PE ratio of 10.20. Mondi Plc has a fifty-two week low of GBX 1,502.79 ($19.64) and a fifty-two week high of GBX 2,519.21 ($32.92).
The business also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 15th will be issued a €0.27 ($0.32) dividend. The ex-dividend date is Thursday, August 15th. This represents a dividend yield of 1.46%. Mondi’s dividend payout ratio is presently 0.44%.
Mondi plc manufactures and sells packaging and paper products in the United Kingdom, Africa, Europe, Russia, North America, South America, Asia, and Australia. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging; industrial bags; barrier coatings; specialty Kraft paper; sack Kraft paper; containerboards; office and professional printing papers; and paper for sustainable and promotional events, as well as product training courses.
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