Greystone Logistics (OTCMKTS:GLGI) Share Price Passes Above 50-Day Moving Average of $0.47
Greystone Logistics Inc (OTCMKTS:GLGI)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.47 and traded as high as $0.48. Greystone Logistics shares last traded at $0.48, with a volume of 140 shares traded.
The company has a debt-to-equity ratio of 4.77, a current ratio of 0.67 and a quick ratio of 0.42. The company has a market capitalization of $13.07 million, a PE ratio of 9.60 and a beta of 0.19. The business has a 50-day moving average of $0.47 and a 200 day moving average of $0.49.
Greystone Logistics (OTCMKTS:GLGI) last posted its earnings results on Monday, January 27th. The company reported $0.01 EPS for the quarter. The company had revenue of $19.50 million for the quarter. Greystone Logistics had a return on equity of 45.15% and a net margin of 2.26%.
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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