Greif (NYSE:GEF-B) Trading Down 0.8% – Should You Sell?

Greif, Inc. (NYSE:GEF-BGet Free Report) shares were down 0.8% during mid-day trading on Wednesday . The stock traded as low as $72.60 and last traded at $72.75. Approximately 6,978 shares were traded during trading, The stock had previously closed at $73.37.

Greif Stock Down 1.2 %

The firm’s 50-day moving average price is $68.64 and its 200 day moving average price is $66.05.

About Greif

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Greif, Inc engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries.

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