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

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares saw strong trading volume on Thursday . Approximately 72,630 shares changed hands during trading, an increase of 64% from the previous session’s volume of 44,222 shares.The stock last traded at $109.8760 and had previously closed at $108.99.

Greif Bros. Stock Down 0.8%

The business’s 50 day moving average is $88.97 and its 200 day moving average is $86.37. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.29. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 50.91 and a beta of 0.59.

Greif Bros. (NYSE:GEF.BGet Free Report) last issued its earnings results on Tuesday, July 28th. The industrial products company reported $2.46 EPS for the quarter. Greif Bros. had a return on equity of 13.66% and a net margin of 7.53%.The firm had revenue of $1.17 billion for the quarter.

Greif Bros. Company Profile

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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.

Further Reading

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