Greif Bros. (NYSE:GEF.B) Shares Pass Below 200 Day Moving Average – Should You Sell?

Greif Bros. Corporation (NYSE:GEF.B) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $80.25 and traded as low as $79.00. Greif Bros. shares last traded at $80.1090, with a volume of 18,728 shares.

Greif Bros. Stock Performance

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 $3.70 billion, a P/E ratio of 37.61 and a beta of 0.64. The company’s 50 day moving average price is $84.40 and its 200-day moving average price is $80.25.

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

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.