Greif Bros. (NYSE:GEF.B) Shares Gap Down – What’s Next?

Shares of Greif Bros. Corporation (NYSE:GEF.BGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $80.57, but opened at $77.30. Greif Bros. shares last traded at $80.1550, with a volume of 810 shares changing hands.

Greif Bros. Stock Performance

The stock has a fifty day simple moving average of $84.30 and a two-hundred day simple moving average of $80.68. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 37.91 and a beta of 0.64. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28.

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

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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