Greystone Logistics (OTCMKTS:GLGI) Issues Earnings Results

Greystone Logistics (OTCMKTS:GLGI) announced its quarterly earnings results on Tuesday. The company reported ($0.10) EPS for the quarter, Zacks reports. Greystone Logistics had a negative net margin of 11.80% and a negative return on equity of 25.64%. The firm had revenue of $3.47 million for the quarter.

Greystone Logistics Price Performance

Shares of Greystone Logistics stock opened at $0.22 on Thursday. The firm has a market cap of $5.86 million, a PE ratio of -1.26 and a beta of 0.07. The company has a current ratio of 1.17, a quick ratio of 0.69 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average of $0.30 and a 200 day moving average of $0.56. Greystone Logistics has a 12 month low of $0.21 and a 12 month high of $1.38.

Greystone Logistics Company Profile

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. The company was formerly known as PalWeb Corporation and changed its name to Greystone Logistics, Inc in March 2005. Greystone Logistics, Inc was incorporated in 1969 and is based in Tulsa, Oklahoma.