Shares of Greystone Logistics Inc (OTCMKTS:GLGI) were up 2.7% on Thursday . The stock traded as high as $0.48 and last traded at $0.48, approximately 100 shares were traded during mid-day trading. A decline of 99% from the average daily volume of 18,291 shares. The stock had previously closed at $0.47.
The company has a 50-day moving average price of $0.46 and a two-hundred day moving average price of $0.49. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.67 and a quick ratio of 0.42.
About Greystone Logistics (OTCMKTS:GLGI)
Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resin. 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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