Greif Bros. (NYSE:GEF.B) Sees Unusually-High Trading Volume – Time to Buy?

Greif Bros. Corporation (NYSE:GEF.B) shares saw unusually-strong trading volume on Tuesday . Approximately 39,492 shares changed hands during mid-day trading, an increase of 28% from the previous session’s volume of 30,822 shares.The stock last traded at $88.0050 and had previously closed at $85.64.

Greif Bros. Stock Up 1.7%

The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 40.88 and a beta of 0.62. The company has a current ratio of 1.28, a quick ratio of 1.00 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $83.53 and its 200 day moving average price is $81.97.

Greif Bros. (NYSE:GEF.B) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.10 earnings per share (EPS) for the quarter. The company had revenue of $1.07 billion for the quarter. Greif Bros. had a net margin of 7.27% and a return on equity of 13.52%.

About Greif Bros.

Greif, Inc (NYSE: GEF.B) is a global industrial packaging company with roots tracing back to its founding by the Greif brothers in 1877. Over more than a century of operation, the company has evolved from a regional barrel maker into a diversified supplier of industrial packaging products and services. Headquartered in the United States, Greif combines a long heritage of manufacturing expertise with a strategic focus on innovation and sustainability.

The company’s core offerings span a broad range of packaging solutions.