Gulf Resources, Inc. (NASDAQ:GURE – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.71 and traded as high as $0.75. Gulf Resources shares last traded at $0.69, with a volume of 117,934 shares changing hands.
Gulf Resources Stock Up 4.0 %
The company has a market cap of $7.64 million, a P/E ratio of -0.08 and a beta of 0.38. The stock has a 50-day moving average of $0.71 and a two-hundred day moving average of $0.71. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.08 and a current ratio of 1.11.
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.
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