Greystone Logistics (OTCMKTS:GLGI) Stock Passes Below Two Hundred Day Moving Average of $0.68

Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Rating)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.68 and traded as low as $0.60. Greystone Logistics shares last traded at $0.60, with a volume of 2,900 shares traded.

Greystone Logistics Trading Up 1.7 %

The stock has a market capitalization of $17.14 million, a price-to-earnings ratio of 7.38 and a beta of 1.12. The company’s 50-day moving average is $0.57 and its 200-day moving average is $0.67. The company has a quick ratio of 0.72, a current ratio of 1.35 and a debt-to-equity ratio of 1.03.

Greystone Logistics (OTCMKTS:GLGI – Get Rating) last released its quarterly earnings data on Tuesday, January 17th. The company reported ($0.01) earnings per share (EPS) for the quarter. Greystone Logistics had a return on equity of 17.47% and a net margin of 3.44%. The firm had revenue of $12.10 million for the quarter.

About Greystone Logistics

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Greystone Logistics, Inc engages in the manufacture and sale of plastic pallets. The company was founded on February 24, 1969 and is headquartered in Tulsa, OK.