Greystone Logistics (OTCMKTS:GLGI) Stock Price Crosses Below 200 Day Moving Average of $1.13

Greystone Logistics, Inc. (OTCMKTS:GLGIGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.13 and traded as low as $1.01. Greystone Logistics shares last traded at $1.05, with a volume of 1,302 shares traded.

Greystone Logistics Stock Performance

The firm has a market cap of $29.69 million, a price-to-earnings ratio of 7.50 and a beta of 1.22. The firm’s 50 day moving average price is $1.29 and its 200-day moving average price is $1.13. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.16 and a quick ratio of 1.75.

Greystone Logistics (OTCMKTS:GLGIGet Free Report) last announced its quarterly earnings data on Monday, April 15th. The company reported $0.01 EPS for the quarter. Greystone Logistics had a net margin of 7.15% and a return on equity of 21.30%. The business had revenue of $13.98 million during the quarter.

Greystone Logistics Company Profile

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

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