Greif Bros. (NYSE:GEF.B) Sets New 1-Year High – Here’s Why

Greif Bros. Corporation (NYSE:GEF.BGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as $94.21 and last traded at $93.24, with a volume of 190502 shares changing hands. The stock had previously closed at $91.23.

Greif Bros. Price Performance

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 firm has a market cap of $4.30 billion, a P/E ratio of 43.77 and a beta of 0.62. The business’s fifty day simple moving average is $83.18 and its 200-day simple moving average is $82.98.

Greif Bros. (NYSE:GEF.BGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.10 earnings per share (EPS) for the quarter. Greif Bros. had a return on equity of 13.52% and a net margin of 7.27%.The business had revenue of $1.07 billion for the quarter.

About Greif Bros.

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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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