Greif Bros. Corporation (NYSE:GEF.B - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 24,591 shares traded hands during mid-day 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. Price Performance
The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.96 and a current ratio of 1.27. The company has a market cap of $3.30 billion, a P/E ratio of 19.21 and a beta of 0.82. The firm's fifty day moving average is $60.76 and its two-hundred day moving average is $62.12.
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 earnings per share for the quarter. The company had revenue of $1.39 billion for the quarter. Greif Bros. had a return on equity of 10.21% and a net margin of 3.74%.
Greif Bros. Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 17th will be given a $0.81 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $3.24 annualized dividend and a dividend yield of 4.66%. Greif Bros.'s payout ratio is presently 89.50%.
Greif Bros. Company Profile
(
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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