Greif Bros. (NYSE:GEF.B) Sees Large Volume Increase – Should You Buy?

Shares of Greif Bros. Corporation (NYSE:GEF.BGet Free Report) saw strong trading volume on Wednesday . 28,350 shares changed hands during mid-day trading, an increase of 73% from the previous session’s volume of 16,375 shares.The stock last traded at $71.1450 and had previously closed at $71.14.

Greif Bros. Stock Performance

The company’s 50-day moving average price is $64.04 and its 200 day moving average price is $65.81. The stock has a market capitalization of $3.40 billion, a PE ratio of 22.19 and a beta of 0.85. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.18 and a current ratio of 1.41.

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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