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.
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