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

Shares of Greif Bros. Corporation (NYSE:GEF.B) saw unusually-strong trading volume on Tuesday . Approximately 74,970 shares traded hands during trading, an increase of 73% from the previous session’s volume of 43,442 shares.The stock last traded at $93.5340 and had previously closed at $92.09.

Greif Bros. Trading Up 0.8%

The firm has a market cap of $4.28 billion, a P/E ratio of 43.59 and a beta of 0.59. The company has a current ratio of 1.28, a quick ratio of 1.00 and a debt-to-equity ratio of 0.24. The company’s fifty day moving average price is $85.19 and its two-hundred day moving average price is $84.92.

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

About Greif Bros.

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.