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

Greif Bros. logo with Industrials background

Greif Bros. Corporation (NYSE:GEF.B - Get Free Report) saw unusually-high trading volume on Monday . Approximately 10,410 shares were traded during trading, a decline of 4% from the previous session's volume of 10,854 shares.The stock last traded at $68.71 and had previously closed at $69.21.

Greif Bros. Stock Down 1.9%

The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 19.28 and a beta of 0.84. The company has a current ratio of 1.27, a quick ratio of 0.96 and a debt-to-equity ratio of 1.07. The firm's 50 day moving average is $66.26 and its two-hundred day moving average is $62.27.

Greif Bros. (NYSE:GEF.B - Get Free Report) last announced its quarterly earnings data on Wednesday, June 4th. The industrial products company reported $1.19 earnings per share for the quarter. The business had revenue of $1.39 billion for the quarter. Greif Bros. had a net margin of 3.74% and a return on equity of 10.21%.

Greif Bros. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 17th were paid a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date was Tuesday, June 17th. Greif Bros.'s dividend payout ratio is presently 89.50%.

About Greif Bros.

(Get Free Report)

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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