Greif Bros. (NYSE:GEF.B) Shares Pass Below 200-Day Moving Average – What’s Next?
by Amy Steele · The Cerbat GemGreif Bros. Corporation (NYSE:GEF.B – Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $80.25 and traded as low as $79.00. Greif Bros. shares last traded at $80.1090, with a volume of 18,728 shares traded.
Greif Bros. Stock Up 1.0%
The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28. The stock has a market capitalization of $3.72 billion, a P/E ratio of 37.89 and a beta of 0.64. The stock’s fifty day simple moving average is $84.36 and its two-hundred day simple moving average is $80.40.
Greif Bros. (NYSE:GEF.B – Get Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $1.10 earnings per share 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.
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.