Greystone Logistics (OTCMKTS:GLGI) Share Price Passes Below 200 Day Moving Average of $0.81

Greystone Logistics, Inc. (OTCMKTS:GLGIGet Rating)’s share price passed 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 changing hands.

Greystone Logistics Stock Up 2.0 %

The firm has a market cap of $20.69 million, a P/E ratio of 6.04 and a beta of 1.33. The business’s fifty day moving average price is $0.75 and its two-hundred day moving average price is $0.81. The company has a current ratio of 0.83, a quick ratio of 0.64 and a debt-to-equity ratio of 0.86.

Greystone Logistics Company Profile

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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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