Greif Bros. (NYSE:GEF.B) Stock Passes Below Fifty Day Moving Average – What’s Next?

Greif Bros. Corporation (NYSE:GEF.BGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $85.23 and traded as low as $80.92. Greif Bros. shares last traded at $81.96, with a volume of 30,173 shares trading hands.

Greif Bros. Stock Performance

The company has a market cap of $3.78 billion, a P/E ratio of 38.48 and a beta of 0.64. The company has a quick ratio of 1.00, a current ratio of 1.28 and a debt-to-equity ratio of 0.24. The stock’s 50-day moving average price is $85.23 and its 200 day moving average price is $79.15.

Greif Bros. (NYSE:GEF.BGet Free Report) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $1.10 earnings per share (EPS) for the quarter. Greif Bros. had a net margin of 7.27% and a return on equity of 13.52%. The business had revenue of $1.07 billion for the quarter.

Greif Bros. Company Profile

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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.

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