Greif Bros. (NYSE:GEF.B) Reaches New 52-Week High – Here’s Why

Greif Bros. Corporation (NYSE:GEF.B)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $112.50 and last traded at $109.3860, with a volume of 97885 shares changing hands. The stock had previously closed at $108.48.

Greif Bros. Trading Up 0.8%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.99 and a current ratio of 1.29. The stock’s 50-day simple moving average is $89.56 and its 200-day simple moving average is $86.59. The firm has a market capitalization of $5.05 billion, a PE ratio of 51.35 and a beta of 0.59.

Greif Bros. (NYSE:GEF.B) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $2.46 EPS for the quarter. Greif Bros. had a net margin of 7.53% and a return on equity of 13.66%. The business had revenue of $1.17 billion during the quarter.

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.