Greystone Logistics (OTCMKTS:GLGI) Releases Quarterly Earnings Results

Greystone Logistics (OTCMKTS:GLGI) released 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 Trading Up 2.0 %

Shares of Greystone Logistics stock traded up $0.02 during trading hours on Tuesday, reaching $1.03. The stock had a trading volume of 27,243 shares, compared to its average volume of 13,392. The firm has a market capitalization of $29.13 million, a price-to-earnings ratio of 9.36 and a beta of 1.36. Greystone Logistics has a 1 year low of $0.89 and a 1 year high of $2.35. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.44. The firm has a 50 day simple moving average of $1.00 and a two-hundred day simple moving average of $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.