Greystone Logistics (OTCMKTS:GLGI) Issues Quarterly Earnings Results

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

Greystone Logistics Stock Down 1.0 %

Greystone Logistics stock opened at $1.02 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.54 and a current ratio of 2.11. The stock has a market cap of $28.85 million, a PE ratio of 9.27 and a beta of 1.36. Greystone Logistics has a fifty-two week low of $0.89 and a fifty-two week high of $2.35. The firm’s 50-day simple moving average is $1.00 and its 200 day simple moving average is $1.25.

About Greystone Logistics

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.