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

Greif Bros. Corporation (NYSE:GEF.BGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $83.54 and traded as high as $87.20. Greif Bros. shares last traded at $86.90, with a volume of 12,308 shares.

Greif Bros. Stock Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 1.23 and a quick ratio of 0.93. The company has a fifty day moving average price of $83.54 and a 200 day moving average price of $71.90. The stock has a market cap of $4.02 billion, a P/E ratio of 26.99 and a beta of 0.83.

Greif Bros. Company Profile

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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.

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