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

Greif Bros. Corporation (NYSE:GEF.BGet Free Report) saw unusually-strong trading volume on Friday . Approximately 25,213 shares changed hands during mid-day trading, an increase of 24% from the previous session’s volume of 20,364 shares.The stock last traded at $81.3370 and had previously closed at $82.52.

Greif Bros. Stock Down 0.3%

The company has a debt-to-equity ratio of 1.00, a current ratio of 1.41 and a quick ratio of 1.18. The company has a market capitalization of $3.91 billion, a PE ratio of 25.55 and a beta of 0.85. The business’s 50 day simple moving average is $76.16 and its 200 day simple moving average is $68.74.

About Greif Bros.

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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.

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