Greystone Logistics, Inc. (OTCMKTS:GLGI) Short Interest Update

Greystone Logistics, Inc. (OTCMKTS:GLGI) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 200 shares, a decline of 93.5% from the January 31st total of 3,100 shares. Based on an average daily volume of 55,500 shares, the short-interest ratio is presently 0.0 days.

Greystone Logistics Stock Down 2.7 %

Shares of GLGI stock traded down $0.03 during trading on Friday, reaching $1.00. The company’s stock had a trading volume of 10,150 shares, compared to its average volume of 30,701. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.05 and a quick ratio of 1.52. The company has a market capitalization of $27.88 million, a price-to-earnings ratio of 14.29 and a beta of 1.37. The stock’s 50-day moving average price is $1.03 and its 200 day moving average price is $1.18. Greystone Logistics has a 1-year low of $0.89 and a 1-year high of $1.98.

Greystone Logistics (OTCMKTS:GLGI) last posted its quarterly earnings results on Tuesday, January 14th. The company reported ($0.01) EPS for the quarter. Greystone Logistics had a return on equity of 9.78% and a net margin of 4.23%.

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.