Greif Bros. (NYSE:GEF.B) Sees Unusually-High Trading Volume – What’s Next?
by Michael Walen · The Markets DailyShares of Greif Bros. Corporation (NYSE:GEF.B – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 79,193 shares traded hands during mid-day trading, an increase of 211% from the previous session’s volume of 25,464 shares.The stock last traded at $80.8830 and had previously closed at $82.30.
Greif Bros. Price Performance
The company has a current ratio of 1.28, a quick ratio of 1.00 and a debt-to-equity ratio of 0.24. The company has a market cap of $3.75 billion, a P/E ratio of 38.11 and a beta of 0.62. The business’s fifty day moving average is $83.83 and its 200 day moving average is $81.49.
Greif Bros. (NYSE:GEF.B – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.10 EPS for the quarter. The company had revenue of $1.07 billion for the quarter. Greif Bros. had a net margin of 7.27% and a return on equity of 13.52%.
About Greif Bros.
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.