Greif Bros. (NYSE:GEF.B) Sets New 52-Week High – Here’s Why

Greif Bros. Corporation (NYSE:GEF.B)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $94.90 and last traded at $93.3990, with a volume of 34213 shares trading hands. The stock had previously closed at $93.05.

Greif Bros. Stock Down 1.3%

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 stock’s 50-day moving average is $83.50 and its 200-day moving average is $83.50. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 43.21 and a beta of 0.59.

Greif Bros. (NYSE:GEF.B) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.10 EPS for the quarter. The business had revenue of $1.07 billion during 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.