Greystone Logistics, Inc. (OTCMKTS:GLGI – Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.25 and traded as low as $0.2228. Greystone Logistics shares last traded at $0.2228, with a volume of 4,000 shares trading hands.
Greystone Logistics Stock Performance
The business has a 50-day simple moving average of $0.21 and a two-hundred day simple moving average of $0.25. The stock has a market cap of $6.08 million, a price-to-earnings ratio of -1.31 and a beta of -0.09.
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. 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.
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