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

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 changing hands.

Greif Bros. Trading Up 0.4%

The firm’s 50-day moving average price is $83.54 and its 200 day moving average price is $71.90. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 26.99 and a beta of 0.83. The company has a current ratio of 1.23, a quick ratio of 0.93 and a debt-to-equity ratio of 0.23.

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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