Greif Bros. (NYSE:GEF.B) Sees Unusually-High Trading Volume – Time to Buy?

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) saw an uptick in trading volume on Thursday . Approximately 72,630 shares changed hands during mid-day trading, an increase of 64% from the previous session’s volume of 44,222 shares.The stock last traded at $109.8760 and had previously closed at $108.99.

Greif Bros. Stock Performance

The company has a market capitalization of $5.02 billion, a P/E ratio of 51.07 and a beta of 0.59. 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’s fifty day moving average is $87.82 and its 200 day moving average is $86.01.

Greif Bros. (NYSE:GEF.BGet Free Report) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $2.46 earnings per share (EPS) for the quarter. Greif Bros. had a net margin of 7.53% and a return on equity of 14.04%. The company had revenue of $1.17 billion during 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.

Read More

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.