Greystone Logistics (OTCMKTS:GLGI) Announces Quarterly Earnings Results

Greystone Logistics (OTCMKTS:GLGI) released its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Greystone Logistics had a return on equity of 15.05% and a net margin of 6.00%.

Greystone Logistics Price Performance

Shares of Greystone Logistics stock traded up $0.02 during trading on Tuesday, reaching $1.03. The company’s stock had a trading volume of 27,243 shares, compared to its average volume of 13,392. The business has a 50 day moving average price of $1.00 and a 200-day moving average price of $1.25. The company has a market capitalization of $29.13 million, a P/E ratio of 9.36 and a beta of 1.36. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.44. Greystone Logistics has a 12-month low of $0.89 and a 12-month high of $2.35.

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.