Greif Bros. (NYSE:GEF.B) Reaches New 1-Year High – Should You Buy?

Greif Bros. Corporation (NYSE:GEF.B) shares hit a new 52-week high on Wednesday . The company traded as high as $106.67 and last traded at $105.7730, with a volume of 28982 shares trading hands. The stock had previously closed at $100.41.

Greif Bros. Price Performance

The stock has a market capitalization of $5.03 billion, a PE ratio of 51.21 and a beta of 0.59. The business has a fifty day moving average price of $88.41 and a 200-day moving average price of $86.21. The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 0.23.

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

Greif Bros. Company Profile

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.