Greif Bros. Corporation (NYSE:GEF.B – Get Free Report) shares saw an uptick in trading volume on Monday. 82,087 shares changed hands during mid-day trading, an increase of 47% from the previous session’s volume of 55,668 shares. The stock last traded at $110.0660 and had previously closed at $110.64.
Greif Bros. Price Performance
The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.23. The business’s 50-day simple moving average is $108.38 and its two-hundred day simple moving average is $95.57. The firm has a market cap of $5.11 billion, a price-to-earnings ratio of 31.11 and a beta of 0.62.
Greif Bros. (NYSE:GEF.B – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.46 earnings per share (EPS) for the quarter. Greif Bros. had a net margin of 7.53% and a return on equity of 13.66%. The firm had revenue of $1.17 billion for the quarter.
Institutional Trading of Greif Bros.
Large investors have recently bought and sold shares of the business. Great Lakes Advisors LLC bought a new position in shares of Greif Bros. in the 2nd quarter worth about $1,334,000. Paladin Partners LLC acquired a new position in shares of Greif Bros. in the 2nd quarter valued at about $1,049,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Greif Bros. during the 2nd quarter valued at about $86,000. 5.13% of the stock is currently owned by institutional investors and hedge funds.
Greif Bros. Company Profile
Greif, Inc, formerly known as Greif Bros. Corporation, is a global producer of industrial packaging and paper-based products. The company serves manufacturers and other commercial customers that require packaging for chemicals, food and beverage products, agricultural materials, petroleum products and other goods.
Its product portfolio includes steel, fiber and plastic drums; rigid intermediate bulk containers; flexible intermediate bulk containers; containerboard; corrugated sheets and packaging; and related paper products and services.
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