Greif Bros. (NYSE:GEF.B) Sees Unusually-High Trading Volume – Here’s What Happened

Greif Bros. Corporation (NYSE:GEF.B) shares saw unusually-high trading volume on Thursday . Approximately 14,105 shares were traded during mid-day trading, an increase of 21% from the previous session’s volume of 11,702 shares.The stock last traded at $70.5550 and had previously closed at $69.62.

Greif Bros. Stock Up 1.0%

The company has a quick ratio of 1.18, a current ratio of 1.41 and a debt-to-equity ratio of 1.00. The business has a 50-day simple moving average of $63.66 and a two-hundred day simple moving average of $65.55. The stock has a market capitalization of $3.37 billion, a P/E ratio of 22.05 and a beta of 0.85.

Greif Bros. Company Profile

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.