Stock News in Focus: Greif (NYSE:GEF, GEF.B)

Greif (NYSE:GEF, GEF.B) stock identified change of 5.96% away from 52-week low price and recently located move of -46.39% off 52-week high price. It has market worth of $1766.54M and dividend yield of 5.56%. GEF stock has been recorded -5.29% away from 50 day moving average and -18.55% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.20% off 20-day moving average.

 On Aug. 27, 2019,  Greif (NYSE: GEF, GEF.B) a global leader and industrial packaging solutions provider, revealed that its Board of Directors has declared quarterly cash dividends of $0.44 per share on its Class A Common Stock, and $0.66 per share on its Class B Common Stock.

The dividends are payable on October 1, 2019, to shareholders of record at the close of business on September 17, 2019.

About Greif

Greif is a global leader in industrial packaging products and services and is pursuing its vision: In industrial packaging, be the best performing customer service company in the world.The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 40 countries to serve global as well as regional customers. The Consumer Goods sector company, Greif noticed change of -1.59% to $31.63 along volume of 166866 shares in recent session compared to an average volume of 311.79K. The stock observed return of -1.95% in 5 days trading activity. The stock was at -9.94% over one month performance. GEF’s shares are at -10.85% for the quarter and driving a -41.26% return over the course of the past year and is now at -14.77% since this point in 2018.   The average volatility for the week at 3.24% and for month was at 3.43%. There are 55.85M shares outstanding and 31.46M shares are floated in market. Right now the stock beta is 1.41.

Cheyenne Cox is a news report covering multiple Market and economy News. She is creative and highly professional writer. Cheyenne holds a degree in communication and journalism and has also a Diploma in digital marketing. She belongs to south Africa who has also lived in Europe and is currently based in the US.

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