Posted by admin on Jul 23rd, 2022
Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Rating) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.82 and traded as low as $0.71. Greystone Logistics shares last traded at $0.71, with a volume of 1,000 shares changing hands.
The company has a market cap of $20.28 million, a P/E ratio of 5.92 and a beta of 1.44. The company has a fifty day moving average price of $0.75 and a two-hundred day moving average price of $0.82. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.64 and a current ratio of 0.83.
Greystone Logistics, Inc, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins. It offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. The company also offers tolling services. It sells its pallets directly, as well as through a network of independent contractor distributors.
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