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

Greif Bros. Corporation (NYSE:GEF.B)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $106.67 and last traded at $105.7730, with a volume of 28982 shares trading hands. The stock had previously closed at $100.41.

Greif Bros. Stock Up 5.3%

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 has a market capitalization of $4.88 billion, a PE ratio of 49.66 and a beta of 0.59. The stock’s fifty day simple moving average is $87.23 and its 200-day simple moving average is $85.82.

Greif Bros. (NYSE:GEF.B) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $2.46 EPS for 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.