Greystone Logistics (OTCMKTS:GLGI) Issues Quarterly Earnings Results

Greystone Logistics (OTCMKTS:GLGI – Get Free Report) posted its quarterly earnings data on Monday. The company reported ($0.08) EPS for the quarter, Zacks reports. Greystone Logistics had a negative return on equity of 27.34% and a negative net margin of 11.80%.

Greystone Logistics Trading Up 1.7%

OTCMKTS:GLGI traded up $0.00 on Monday, reaching $0.26. 4,020 shares of the stock traded hands, compared to its average volume of 58,753. The firm has a market capitalization of $6.95 million, a price-to-earnings ratio of -1.50 and a beta of -0.09. The company’s 50 day moving average is $0.22 and its 200-day moving average is $0.24. Greystone Logistics has a 1-year low of $0.14 and a 1-year high of $1.35.

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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. 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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