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 $0.71 and traded as high as $0.75. Gulf Resources shares last traded at $0.69, with a volume of 117,934 shares.
Gulf Resources Trading Up 4.0 %
The stock’s 50 day moving average is $0.71 and its 200-day moving average is $0.71. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.08. The company has a market capitalization of $7.64 million, a P/E ratio of -0.08 and a beta of 0.38.
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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