Greif Bros. (NYSE:GEF.B) Sees Large Volume Increase – Here’s Why

by · The Cerbat Gem

Greif Bros. Corporation (NYSE:GEF.B – Get Free Report) shares saw strong trading volume on Wednesday . 28,350 shares traded hands during trading, an increase of 73% from the previous session’s volume of 16,375 shares.The stock last traded at $71.1450 and had previously closed at $71.14.

Greif Bros. Stock Performance

The stock has a fifty day moving average price of $64.47 and a 200 day moving average price of $65.91. 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 firm has a market cap of $3.55 billion, a price-to-earnings ratio of 23.18 and a beta of 0.85.

Greif Bros. Company Profile

(Get Free Report)

Greif, Inc produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

Featured Articles