Greif Bros. (NYSE:GEF.B) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Greif Bros. Corporation (NYSE:GEF.B)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $85.65 and traded as low as $80.38. Greif Bros. shares last traded at $82.9260, with a volume of 19,391 shares traded.

Greif Bros. Stock Performance

The stock has a market cap of $3.84 billion, a PE ratio of 29.62 and a beta of 0.64. The company has a quick ratio of 1.00, a current ratio of 1.28 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average price of $85.65 and a 200 day moving average price of $78.21.

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

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.