Shares of Greif Bros. Corporation (NYSE:GEF.B - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 24,591 shares traded hands during trading, an increase of 121% from the previous session's volume of 11,151 shares.The stock last traded at $69.49 and had previously closed at $68.66.
Greif Bros. Stock Down 0.7%
The company's 50 day moving average price is $61.58 and its two-hundred day moving average price is $62.11. The company has a quick ratio of 0.96, a current ratio of 1.27 and a debt-to-equity ratio of 1.07. The stock has a market cap of $3.32 billion, a P/E ratio of 19.31 and a beta of 0.82.
Greif Bros. (NYSE:GEF.B - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The industrial products company reported $1.19 EPS for the quarter. The company had revenue of $1.39 billion during the quarter. Greif Bros. had a net margin of 3.74% and a return on equity of 10.21%.
Greif Bros. Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Tuesday, June 17th will be paid a $0.81 dividend. This represents a $3.24 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date is Tuesday, June 17th. Greif Bros.'s dividend payout ratio (DPR) is 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.
Featured Stories
Before you consider Greif Bros., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greif Bros. wasn't on the list.
While Greif Bros. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
