Gulf Resources (NASDAQ:GURE) Announces Earnings Results

Gulf Resources (NASDAQ:GURE) released its earnings results on Tuesday. The specialty chemicals company reported ($0.40) EPS for the quarter, Zacks reports. Gulf Resources had a negative return on equity of 53.74% and a negative net margin of 776.15%. The business had revenue of $1.60 million for the quarter.

Gulf Resources Price Performance

Shares of GURE stock opened at $0.66 on Thursday. Gulf Resources has a 12-month low of $0.50 and a 12-month high of $1.79. The firm has a market capitalization of $7.49 million, a price-to-earnings ratio of -0.07 and a beta of 0.28. The company has a quick ratio of 1.08, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $0.70 and a 200-day moving average of $0.67.

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.