Greif Bros. (NYSE:GEF.B) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 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.

Greif Bros. Price Performance

The stock has a 50 day moving average price of $84.97 and a two-hundred day moving average price of $79.28. 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 company has a market capitalization of $3.62 billion, a PE ratio of 36.82 and a beta of 0.64.

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

About Greif Bros.

(Get Free Report)

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.

Featured Articles

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.