Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Free Report) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,000 shares, an increase of 36.4% from the November 15th total of 2,200 shares. Based on an average daily trading volume, of 19,800 shares, the short-interest ratio is currently 0.2 days.
Greystone Logistics Trading Up 1.0 %
OTCMKTS:GLGI traded up $0.01 on Friday, reaching $1.00. 7,201 shares of the stock traded hands, compared to its average volume of 23,095. The firm has a market capitalization of $28.28 million, a price-to-earnings ratio of 9.09 and a beta of 1.38. Greystone Logistics has a 1-year low of $0.82 and a 1-year high of $2.35. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.44. The company’s 50 day moving average is $1.11 and its 200-day moving average is $1.28.
Greystone Logistics (OTCMKTS:GLGI – Get Free Report) last announced its earnings results on Friday, October 18th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $13.46 million during the quarter. Greystone Logistics had a net margin of 6.00% and a return on equity of 15.05%.
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.
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