Supply Chain Council of European Union | Scceu.org
Warehousing

Greystone Logistics (OTCMKTS:GLGI) Stock Passes Below 50-Day Moving Average of $0.79


Shares of Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Rating) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.79 and traded as low as $0.73. Greystone Logistics shares last traded at $0.76, with a volume of 2,600 shares trading hands.

The company’s 50 day moving average price is $0.79 and its 200-day moving average price is $0.85. The stock has a market cap of $21.57 million, a P/E ratio of 6.29 and a beta of 1.47. The company has a quick ratio of 0.64, a current ratio of 0.83 and a debt-to-equity ratio of 0.86.

Greystone Logistics (OTCMKTS:GLGI – Get Rating) last released its quarterly earnings results on Thursday, April 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $22.45 million during the quarter. Greystone Logistics had a net margin of 5.73% and a return on equity of 12.00%.

Greystone Logistics Company Profile (OTCMKTS:GLGI)

Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins. It offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. The company also offers tolling services. It sells its pallets directly, as well as through a network of independent contractor distributors.

See Also



Receive News & Ratings for Greystone Logistics Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Greystone Logistics and related companies with MarketBeat.com’s FREE daily email newsletter.

Related posts

Alta Equipment Group Inc. Reports Record Fourth Quarter and Full Year 2021 Financial Results

scceu

2 Cheap Tech Stocks to Buy Right Now

scceu

Company plans two warehouses for Amity Hall

scceu