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Greif (NYSE:GEF.B) Stock Price Crosses Above 50-Day Moving Average - What's Next?

Greif logo with Industrials background

Greif, Inc. (NYSE:GEF.B - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $57.75 and traded as high as $58.56. Greif shares last traded at $58.38, with a volume of 8,913 shares changing hands.

Greif Price Performance

The firm has a 50 day simple moving average of $57.90 and a 200-day simple moving average of $63.14. The company has a quick ratio of 1.13, a current ratio of 1.53 and a debt-to-equity ratio of 1.26. The company has a market cap of $2.86 billion, a PE ratio of 11.80 and a beta of 0.78.

Greif (NYSE:GEF.B - Get Free Report) last issued its earnings results on Wednesday, February 26th. The industrial products company reported $0.58 earnings per share for the quarter. Greif had a return on equity of 11.84% and a net margin of 4.81%. The business had revenue of $1.27 billion for the quarter.

Greif 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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