Greif Bros. Corporation (NYSE:GEF.B – Get Free Report) saw unusually-strong trading volume on Monday. 82,087 shares were traded during trading, an increase of 47% from the previous session’s volume of 55,668 shares. The stock last traded at $110.0660 and had previously closed at $110.64.
Greif Bros. Price Performance
The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.23. The stock has a 50-day simple moving average of $108.43 and a two-hundred day simple moving average of $95.90.
Greif Bros. (NYSE:GEF.B – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.46 earnings per share (EPS) for the quarter. Greif Bros. had a return on equity of 13.66% and a net margin of 7.53%. The business had revenue of $1.17 billion for the quarter.
Institutional Trading of Greif Bros.
Several institutional investors and hedge funds have recently made changes to their positions in GEF.B. Public Employees Retirement System of Ohio bought a new position in Greif Bros. during the 2nd quarter worth about $86,000. Paladin Partners LLC purchased a new position in Greif Bros. during the 2nd quarter valued at about $1,049,000. Finally, Great Lakes Advisors LLC purchased a new position in Greif Bros. during the 2nd quarter valued at about $1,334,000. 5.13% of the stock is currently owned by institutional investors.
Greif Bros. Company Profile
Greif, Inc, formerly known as Greif Bros. Corporation, is a global producer of industrial and paper-based packaging. Founded in 1877 as a cooperage business, the company has expanded from manufacturing wooden barrels into a diversified packaging organization serving customers in a range of industries.
Greif’s products include steel, fiber and plastic drums; intermediate bulk containers; containerboard and corrugated products; paper sacks; and other specialty and protective packaging. The company also provides packaging-related services, including container reconditioning, recycling and logistics support.
Further Reading
- Five stocks we like better than Greif Bros.
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Receive News & Ratings for Greif Bros. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greif Bros. and related companies with MarketBeat.com's FREE daily email newsletter.
