Greif (GEF.B) Upgraded at ValuEngine
ValuEngine upgraded shares of Greif (NYSE:GEF.B) from a sell rating to a hold rating in a research note issued to investors on Wednesday morning.
GEF.B traded down $1.83 during midday trading on Wednesday, reaching $51.17. The company’s stock had a trading volume of 3,621 shares, compared to its average volume of 6,690. The firm has a market capitalization of $2.51 billion, a P/E ratio of 13.27 and a beta of 1.14. The company has a quick ratio of 1.09, a current ratio of 1.58 and a debt-to-equity ratio of 0.88. Greif has a twelve month low of $48.00 and a twelve month high of $71.95.
Greif (NYSE:GEF.B) last released its earnings results on Wednesday, August 29th. The industrial products company reported $1.72 earnings per share (EPS) for the quarter. The firm had revenue of $1.01 billion for the quarter. Greif had a return on equity of 17.84% and a net margin of 5.26%.
Greif, Inc is a producer of industrial packaging products and services. The Company’s segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services.
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