Greif (NYSE:GEF.B) Sees Strong Trading Volume – Still a Buy?

Greif, Inc. (NYSE:GEF.B) saw unusually-strong trading volume on Tuesday . Approximately 10,448 shares were traded during trading, a decline of 3% from the previous session’s volume of 10,736 shares.The stock last traded at $59.41 and had previously closed at $60.25.

Greif Price Performance

The firm has a market cap of $2.81 billion, a PE ratio of 11.62 and a beta of 0.78. The stock’s fifty day moving average price is $57.88 and its 200-day moving average price is $62.98. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.13 and a current ratio of 1.53.

Greif Company Profile

Greif, Inc produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.