NEW YORK ( TheStreet) -- Greif (NYSE: GEF) hit a new 52-week high Monday as it is currently trading at $67.04, above its previous 52-week high of $67.02 with 198,842 shares traded as of 3:36 p.m. ET. Average volume has been 128,200 shares over the past 30 days.

Greif has a market cap of $1.7 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 5.5% year to date as of the close of trading on Friday.

Greif, Inc. engages in the manufacture and sale of industrial packaging products, and containerboard and corrugated products worldwide. The company has a P/E ratio of 16.6, above the average consumer non-durables industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Greif as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Greif Ratings Report.

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