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

Greif Bros. Corporation (NYSE:GEF.B) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $85.01 and traded as high as $93.81. Greif Bros. shares last traded at $92.84, with a volume of 47,836 shares traded.

Greif Bros. Trading Down 0.2%

The company’s 50-day moving average price is $85.01 and its 200 day moving average price is $84.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28. The stock has a market cap of $4.28 billion, a PE ratio of 43.59 and a beta of 0.59.

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

Greif Bros. Company Profile

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.