Greystone Logistics (OTCMKTS:GLGI) Issues Quarterly Earnings Results

Greystone Logistics (OTCMKTS:GLGI) released its quarterly earnings results on Monday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. Greystone Logistics had a negative return on equity of 27.34% and a negative net margin of 11.80%.

Greystone Logistics Stock Performance

Shares of Greystone Logistics stock opened at $0.26 on Tuesday. The company has a market cap of $6.95 million, a P/E ratio of -1.50 and a beta of -0.09. Greystone Logistics has a one year low of $0.14 and a one year high of $1.35. The firm has a fifty day moving average of $0.22 and a two-hundred day moving average of $0.24.

Greystone Logistics Company Profile

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. The company was formerly known as PalWeb Corporation and changed its name to Greystone Logistics, Inc in March 2005. Greystone Logistics, Inc was incorporated in 1969 and is based in Tulsa, Oklahoma.