Greif Bros. (NYSE:GEF.B) Sees Strong Trading Volume – Here’s What Happened

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares saw unusually-high trading volume on Monday . 111,896 shares changed hands during trading, an increase of 167% from the previous session’s volume of 41,906 shares.The stock last traded at $91.90 and had previously closed at $93.20.

Greif Bros. Price Performance

The stock has a market capitalization of $4.25 billion, a PE ratio of 43.45 and a beta of 0.62. The company has a quick ratio of 1.00, a current ratio of 1.28 and a debt-to-equity ratio of 0.24. The stock’s 50-day moving average is $83.18 and its 200 day moving average is $83.06.

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