Gulf Resources (NASDAQ:GURE) Releases Earnings Results

Gulf Resources (NASDAQ:GURE) issued its quarterly earnings results on Friday. The specialty chemicals company reported ($5.63) earnings per share for the quarter, reports. The company had revenue of $6.87 million during the quarter.

Gulf Resources Trading Up 5.3 %

NASDAQ:GURE opened at $1.00 on Monday. Gulf Resources has a 1-year low of $0.85 and a 1-year high of $1.89. The business’s fifty day moving average price is $1.05 and its 200 day moving average price is $1.27. The firm has a market capitalization of $10.43 million, a price-to-earnings ratio of -1.96 and a beta of 0.16.

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.