Gulf Resources (GURE) Posts Quarterly Results
Gulf Resources (NASDAQ:GURE) issued its quarterly earnings data on Friday. The company reported $0.14 earnings per share (EPS) for the quarter, ARN reports. The company had revenue of $31.80 million for the quarter.
Gulf Resources (NASDAQ:GURE) traded up 3.00% during mid-day trading on Friday, hitting $2.06. The stock had a trading volume of 57,770 shares. Gulf Resources has a 52-week low of $1.40 and a 52-week high of $3.20. The stock’s 50-day moving average is $2.0 and its 200-day moving average is $2.23. The company has a market cap of $79.8 million and a P/E ratio of 3.34.
Gulf Resources, Inc (NASDAQ:GURE) manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals.
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