It appears that Mondi PLC (MNDI) experienced a modest increase in its share price on Friday, with a 0.07% uptick to £13.66 per share. This occurred in the context of a generally positive trading session for the stock market, where the FTSE 100 Index (UKX) also rose by 0.07% to reach a level of 7,683.91 points.
Mondi PLC’s closing price of £13.66 was £2.38 lower than its 52-week high, which the company had reached on November 11. This suggests that the stock has not yet returned to its recent peak and may be trading at a slightly discounted price.
Additionally, the trading volume for Mondi PLC on that day was 1.7 million shares, which exceeded its 50-day average trading volume of 1.5 million shares. This higher trading volume may indicate increased investor interest or activity in the stock on that particular day.
Please note that stock prices can fluctuate for various reasons, including market sentiment, company news, economic factors, and more. Investors often monitor such metrics to assess the performance and potential of a stock.
Image Source: https://www.businesslive.co.za/bd/companies/industrials/2022-08-04-mondis-profits-jump-two-thirds-amid-record-pricing/