Greif Bros. (NYSE:GEF.B) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Greif Bros. Corporation (NYSE:GEF.B) saw unusually-strong trading volume on Thursday . 72,630 shares were traded during trading, an increase of 64% from the previous session’s volume of 44,222 shares.The stock last traded at $109.8760 and had previously closed at $108.99.

Greif Bros. Trading Down 0.2%

The stock’s 50-day simple moving average is $87.82 and its 200-day simple moving average is $86.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28. The firm has a market capitalization of $5.02 billion, a PE ratio of 51.07 and a beta of 0.59.

Greif Bros. (NYSE:GEF.B) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.46 earnings per share for the quarter. Greif Bros. had a return on equity of 14.04% and a net margin of 7.53%.The company had revenue of $1.17 billion for the quarter.

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.