Greif Bros. (NYSE:GEF.B) Reaches New 12-Month High – Time to Buy?

Shares of Greif Bros. Corporation (NYSE:GEF.BGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $94.90 and last traded at $93.3990, with a volume of 34213 shares. The stock had previously closed at $93.05.

Greif Bros. Price 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 $4.25 billion, a PE ratio of 43.22 and a beta of 0.59. The stock’s 50-day moving average is $83.74 and its two-hundred day moving average is $83.68.

Greif Bros. (NYSE:GEF.BGet Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $1.10 earnings per share for the quarter. The firm 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%.

About Greif Bros.

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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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