Greif Bros. (NYSE:GEF.B) Sees Unusually-High Trading Volume – Here’s Why

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) saw an uptick in trading volume on Tuesday . Approximately 74,970 shares traded hands during mid-day trading, an increase of 73% from the previous session’s volume of 43,442 shares.The stock last traded at $93.5340 and had previously closed at $92.09.

Greif Bros. Price Performance

The stock’s 50-day simple moving average is $85.64 and its 200 day simple moving average is $85.19. 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 company has a market cap of $4.31 billion, a price-to-earnings ratio of 43.83 and a beta of 0.59.

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

Greif Bros. Company Profile

(Get Free Report)

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

Receive News & Ratings for Greif Bros. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greif Bros. and related companies with MarketBeat.com's FREE daily email newsletter.