Greif Bros. (NYSE:GEF.B) Reaches New 52-Week High – What’s Next?

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $112.50 and last traded at $109.3860, with a volume of 97885 shares. The stock had previously closed at $108.48.

Greif Bros. Price Performance

The stock has a market capitalization of $5.16 billion, a P/E ratio of 52.53 and a beta of 0.58. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.99 and a current ratio of 1.29. The firm has a 50-day moving average price of $90.80 and a 200 day moving average price of $86.99.

Greif Bros. (NYSE:GEF.BGet Free Report) last released its earnings results on Tuesday, July 28th. The industrial products company reported $2.46 earnings per share for the quarter. The company had revenue of $1.17 billion during the quarter. Greif Bros. had a return on equity of 13.66% and a net margin of 7.53%.

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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