Greystone Logistics Stock Today
| GLGI Stock | USD 1.15 0.14 10.85% |
Performance1 of 100
| Odds Of DistressLess than 45
|
Greystone Logistics is trading at 1.15 as of the 18th of April 2024. This is a -10.85% down since the beginning of the trading day. The stock's open price was 1.29. Greystone Logistics has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Greystone Logistics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Greystone Logistics, Inc., through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins. Greystone Logistics, Inc. was incorporated in 1969 and is based in Tulsa, Oklahoma. GREYSTONE LOGISTICS operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. The company has 28.28 M outstanding shares. More on Greystone Logistics
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Follow Valuation Odds of Bankruptcy
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Greystone OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Greystone Logistics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Greystone Logistics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Warren Kruger |
| Business Concentration | Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) |
Greystone Logistics [GLGI] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Greystone Logistics's market, we take the total number of its shares issued and multiply it by Greystone Logistics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Greystone Logistics conducts business under Chemicals sector and is part of Materials industry. The entity has 28.28 M outstanding shares.
Greystone Logistics currently holds about 2.93 M in cash with 6.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Greystone Logistics Probability Of Bankruptcy
Ownership AllocationGreystone Logistics has a total of 28.28 Million outstanding shares. Greystone Logistics secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Greystone Ownership Details
Greystone Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Greystone Logistics jumping above the current price in 90 days from now is about 88.14%. The Greystone Logistics probability density function shows the probability of Greystone Logistics otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Greystone Logistics has a beta of 0.8153. This usually indicates as returns on the market go up, Greystone Logistics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greystone Logistics will be expected to be much smaller as well. Additionally, greystone Logistics has an alpha of 0.3293, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Greystone Logistics to move above the current price in 90 days from now is about 88.14 (This Greystone Logistics probability density function shows the probability of Greystone OTC Stock to fall within a particular range of prices over 90 days) .
Greystone Logistics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Greystone Logistics market risk premium is the additional return an investor will receive from holding Greystone Logistics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Greystone Logistics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Greystone Logistics' alpha and beta are two of the key measurements used to evaluate Greystone Logistics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.56 | |||
| Semi Deviation | 3.11 | |||
| Standard Deviation | 3.82 | |||
| Variance | 14.57 |
Greystone Stock Against Markets
Picking the right benchmark for Greystone Logistics otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Greystone Logistics otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Greystone Logistics is critical whether you are bullish or bearish towards Greystone Logistics at a given time. Please also check how Greystone Logistics' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Greystone Logistics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Greystone Logistics Corporate Executives
Elected by the shareholders, the Greystone Logistics' board of directors comprises two types of representatives: Greystone Logistics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Greystone. The board's role is to monitor Greystone Logistics' management team and ensure that shareholders' interests are well served. Greystone Logistics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Greystone Logistics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Rahhal | CFO and Principal Accounting Officer | Profile |
How to buy Greystone OTC Stock?
Before investing in Greystone Logistics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Greystone Logistics. To buy Greystone Logistics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Greystone Logistics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Greystone Logistics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Greystone Logistics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Greystone Logistics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Greystone Logistics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Greystone Logistics?
The danger of trading Greystone Logistics is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Greystone Logistics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Greystone Logistics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Greystone Logistics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greystone Logistics. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Greystone Logistics information on this page should be used as a complementary analysis to other Greystone Logistics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Greystone OTC Stock analysis
When running Greystone Logistics' price analysis, check to measure Greystone Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greystone Logistics is operating at the current time. Most of Greystone Logistics' value examination focuses on studying past and present price action to predict the probability of Greystone Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greystone Logistics' price. Additionally, you may evaluate how the addition of Greystone Logistics to your portfolios can decrease your overall portfolio volatility.
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