Greystone Logistics (OTCMKTS:GLGI – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.09) EPS for the quarter, Zacks reports. Greystone Logistics had a negative net margin of 29.91% and a negative return on equity of 54.40%. The business had revenue of $5.32 million for the quarter.
Greystone Logistics Price Performance
OTCMKTS GLGI opened at $0.26 on Friday. The company’s 50 day simple moving average is $0.23 and its two-hundred day simple moving average is $0.22. The company has a current ratio of 0.46, a quick ratio of 0.28 and a debt-to-equity ratio of 0.14. Greystone Logistics has a 1 year low of $0.14 and a 1 year high of $1.08.
Greystone Logistics Company Profile
Greystone Logistics, Inc is a manufacturer and distributor of reusable plastic pallets and related material-handling products. The company focuses on producing durable pallets for use in supply chains, warehouses, distribution centers, and other industrial applications.
Greystone’s products are made primarily from recycled plastic materials and are designed to provide an alternative to traditional wood pallets. Its offerings include pallets in multiple sizes and configurations, including models intended for shipping, storage, and automated handling systems.
The company is based in Tulsa, Oklahoma, and serves customers in industries such as beverage, food, consumer products, manufacturing, and logistics.
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