Greif Bros. (NYSE:GEF.B) Sees Large Volume Increase – Here’s Why

Greif Bros. Corporation (NYSE:GEF.B) saw an uptick in trading volume on Tuesday . 7,149 shares were traded during trading, a decline of 16% from the previous session’s volume of 8,554 shares.The stock last traded at $69.52 and had previously closed at $71.30.

Greif Bros. Stock Performance

The company’s 50 day simple moving average is $69.27 and its two-hundred day simple moving average is $62.98. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.27 and a quick ratio of 0.96. The company has a market cap of $3.31 billion, a PE ratio of 19.24 and a beta of 0.88.

Greif Bros. (NYSE:GEF.B) last posted its quarterly earnings data on Wednesday, June 4th. The industrial products company reported $1.19 EPS for the quarter. Greif Bros. had a net margin of 3.74% and a return on equity of 10.21%. The business had revenue of $1.39 billion during the quarter.

Greif Bros. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 17th were paid a $0.81 dividend. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $3.24 annualized dividend and a dividend yield of 4.7%. Greif Bros.’s dividend payout ratio (DPR) is presently 89.50%.

About Greif Bros.

Greif, Inc produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.