Shares of Gulf Resources, Inc. (NASDAQ:GURE – Get Free Report) 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.
Gulf Resources Trading Up 4.8 %
The company has a 50 day simple moving average of $0.70 and a 200 day simple moving average of $0.72. The company has a market capitalization of $7.76 million, a PE ratio of -0.08 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.08 and a current ratio of 1.11.
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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