Greif Bros. (NYSE:GEF.B) Sees Large Volume Increase – Here’s Why

Greif Bros. Corporation (NYSE:GEF.B) shares saw unusually-high trading volume on Monday . Approximately 111,896 shares were traded during mid-day trading, an increase of 167% from the previous session’s volume of 41,906 shares.The stock last traded at $91.90 and had previously closed at $93.20.

Greif Bros. Stock Up 0.9%

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 business has a fifty day simple moving average of $83.39 and a two-hundred day simple moving average of $83.36. The company has a market cap of $4.31 billion, a PE ratio of 43.81 and a beta of 0.62.

Greif Bros. (NYSE:GEF.B) last released its earnings results on Tuesday, April 28th. The industrial products company reported $1.10 earnings per share (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%.

Greif Bros. Company Profile

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.