Greif Bros. (NYSE:GEF.B) Sets New 12-Month High – What’s Next?

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $84.95 and last traded at $84.55, with a volume of 12169 shares. The stock had previously closed at $83.55.

Greif Bros. Stock Down 1.3%

The business’s fifty day moving average price is $76.16 and its 200 day moving average price is $68.74. The company has a current ratio of 1.41, a quick ratio of 1.18 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $3.87 billion, a P/E ratio of 25.30 and a beta of 0.85.

About Greif Bros.

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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.

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