Gulf Resources (NASDAQ:GURE) Issues Quarterly Earnings Results

Gulf Resources (NASDAQ:GURE) issued its quarterly earnings data on Friday. The specialty chemicals company reported ($5.63) earnings per share for the quarter, reports. The company had revenue of $6.87 million for the quarter.

Gulf Resources Trading Up 5.3 %

Gulf Resources stock opened at $1.00 on Friday. Gulf Resources has a 1-year low of $0.85 and a 1-year high of $1.89. The firm’s fifty day simple moving average is $1.05 and its 200-day simple moving average is $1.27. The company has a market capitalization of $10.43 million, a P/E ratio of -1.96 and a beta of 0.16.

About Gulf Resources

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.