Gulf Resources, Inc. (NASDAQ:GURE – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.72 and traded as high as $0.72. Gulf Resources shares last traded at $0.72, with a volume of 63,980 shares trading hands.
Gulf Resources Stock Performance
The firm has a fifty day moving average price of $0.70 and a 200 day moving average price of $0.72. The company has a current ratio of 1.11, a quick ratio of 1.08 and a debt-to-equity ratio of 0.01. The firm has a market cap of $7.76 million, a PE ratio of -0.08 and a beta of 0.36.
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.
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