Greif, Inc. (NYSE:GEF.B - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 14,039 shares changed hands during trading, an increase of 26% from the previous session's volume of 11,125 shares.The stock last traded at $66.05 and had previously closed at $66.03.
Greif Price Performance
The stock has a 50-day moving average of $59.49 and a two-hundred day moving average of $62.37. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 12.98 and a beta of 0.82. The company has a current ratio of 1.53, a quick ratio of 1.13 and a debt-to-equity ratio of 1.26.
Greif (NYSE:GEF.B - Get Free Report) last announced its earnings results on Wednesday, June 4th. The industrial products company reported $1.19 EPS for the quarter. Greif had a net margin of 4.81% and a return on equity of 11.84%. The company had revenue of $1.39 billion during the quarter.
Greif Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 17th will be given a dividend of $0.81 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $3.24 dividend on an annualized basis and a yield of 4.89%. Greif's payout ratio is presently 89.50%.
About Greif
(
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.
Further Reading
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