Greif Bros. (NYSE:GEF.B) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of Greif Bros. Corporation (NYSE:GEF.BGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $83.54 and traded as high as $87.20. Greif Bros. shares last traded at $86.90, with a volume of 12,308 shares trading hands.

Greif Bros. Stock Performance

The stock has a market cap of $3.87 billion, a P/E ratio of 25.98 and a beta of 0.83. The stock has a fifty day simple moving average of $83.90 and a 200-day simple moving average of $72.09. The company has a quick ratio of 0.93, a current ratio of 1.23 and a debt-to-equity ratio of 0.23.

Greif Bros. Company Profile

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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.

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