Greif Bros. (NYSE:GEF.B) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Greif Bros. Corporation (NYSE:GEF.B)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $79.97 and traded as high as $88.26. Greif Bros. shares last traded at $88.4360, with a volume of 10,164 shares changing hands.

Greif Bros. Price Performance

The firm has a market cap of $4.09 billion, a PE ratio of 27.46 and a beta of 0.84. The company has a current ratio of 1.23, a quick ratio of 0.93 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average price of $79.97 and a 200 day moving average price of $70.12.

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.