Greif Bros. (NYSE:GEF.B) Sets New 52-Week High - Should You Buy?

Key Points

• Greif Bros. (NYSE: GEF.B) hit a new 52-week high, trading intraday as high as $92.48 and last at $92.03, up about 3.6% from a $89.62 close on volume of ~12,257 shares.
• The stock trades with a market capitalization of $4.30 billion, a P/E of 28.82, a 50-day/200-day moving average of $85.81/$75.07, and low leverage (debt-to-equity 0.23), suggesting a recent uptrend and conservative balance sheet.
• Greif is a long-established global industrial packaging company (founded 1877) that provides diversified packaging products and emphasizes innovation and sustainability.

Greif Bros. Corporation (NYSE:GEF.B - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $92.48 and last traded at $92.03, with a volume of 12257 shares traded. The stock had previously closed at $89.62.

Greif Bros. Stock Up 3.6%

The company has a market capitalization of $4.30 billion, a PE ratio of 28.82 and a beta of 0.77. The company's 50 day moving average is $85.81 and its two-hundred day moving average is $75.07. The company has a quick ratio of 0.93, a current ratio of 1.23 and a debt-to-equity ratio of 0.23.

Greif Bros. Company Profile

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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