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

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $63.29 and traded as high as $71.34. Greif Bros. shares last traded at $71.0940, with a volume of 14,105 shares.

Greif Bros. Stock Performance

The firm has a fifty day moving average of $63.29 and a 200 day moving average of $65.44. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.41 and a quick ratio of 1.18. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 22.08 and a beta of 0.85.

About Greif Bros.

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Greif, Inc produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

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