Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.21 and traded as low as $0.2075. Greystone Logistics shares last traded at $0.2075, with a volume of 6,000 shares.
Greystone Logistics Trading Down 0.2%
The firm’s fifty day simple moving average is $0.21 and its 200 day simple moving average is $0.30. The company has a market cap of $5.66 million, a price-to-earnings ratio of -1.22 and a beta of -0.08.
Greystone Logistics (OTCMKTS:GLGI – Get Free Report) last announced its quarterly earnings data on Tuesday, April 14th. The company reported ($0.10) earnings per share for the quarter. Greystone Logistics had a negative net margin of 11.80% and a negative return on equity of 27.34%. The firm had revenue of $3.47 million during the quarter.
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.
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