Greif Bros. (NYSE:GEF.B) Sees Strong Trading Volume – Here’s What Happened

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 47,255 shares traded hands during trading, an increase of 273% from the previous session’s volume of 12,652 shares.The stock last traded at $73.90 and had previously closed at $75.09.

Greif Bros. Trading Up 0.3%

The business has a 50 day moving average of $65.76 and a two-hundred day moving average of $66.43. The firm has a market cap of $3.59 billion, a P/E ratio of 23.45 and a beta of 0.85. The company has a current ratio of 1.41, a quick ratio of 1.18 and a debt-to-equity ratio of 1.00.

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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