Shares of Gulf Resources, Inc. (NASDAQ:GURE – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.40 and traded as high as $1.65. Gulf Resources shares last traded at $1.22, with a volume of 3,785,496 shares traded.
Gulf Resources Trading Up 1.3 %
The firm’s 50-day simple moving average is $1.45 and its two-hundred day simple moving average is $1.40. The company has a market cap of $12.67 million, a PE ratio of -2.38 and a beta of 0.19.
Gulf Resources Company Profile
Gulf Resources, Inc, through its subsidiaries, manufactures and trades bromine and crude salt, chemical products, and natural gas in the People's Republic of China. The company operates through four segments: Bromine, Crude salt, Chemical products, and Natural gas segments. It also provides bromine for use in bromine compounds, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.
Further Reading
- Five stocks we like better than Gulf Resources
- Trading Stocks: RSI and Why it’s Useful
- Celebrate July 4th with These Red, White, & Blue Chip Stocks
- What is a Stock Market Index and How Do You Use Them?
- AbbVie Stock: A Perfect Dip for Investors to Buy
- 3 Monster Growth Stocks to Buy Now
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
Receive News & Ratings for Gulf Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gulf Resources and related companies with MarketBeat.com's FREE daily email newsletter.
