Greif Bros. (NYSE:GEF.B) Sets New 1-Year High – Still a Buy?

Greif Bros. Corporation (NYSE:GEF.BGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $95.07 and last traded at $94.1970, with a volume of 85143 shares changing hands. The stock had previously closed at $93.37.

Greif Bros. Trading Up 0.9%

The company has a market capitalization of $4.35 billion, a P/E ratio of 44.22 and a beta of 0.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.28 and a quick ratio of 1.00. The business’s 50-day moving average price is $85.64 and its two-hundred day moving average price is $85.19.

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

About Greif Bros.

(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

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