Posted by admin on Aug 3rd, 2022
Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Rating) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.81 and traded as low as $0.72. Greystone Logistics shares last traded at $0.72, with a volume of 1,819 shares.
The company has a market capitalization of $20.69 million, a P/E ratio of 6.04 and a beta of 1.33. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.83 and a quick ratio of 0.64. The stock’s 50 day simple moving average is $0.75 and its two-hundred day simple moving average is $0.81.
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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