Gulf Resources (GURE) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers crude salt for use as a material in alkali and chlorine alkali production for use in the chemical, food and beverage, and other industries. In addition, it manufactures and sells chemical products for use in oil and gas field exploration, oil and gas distribution, oil field drilling, papermaking chemical agents, and inorganic chemicals, as well as materials that are used for human and animal antibiotics. The company is based in Shouguang, the People's Republic of China.

Key Stats

• Today's Range: $0.57 to $0.60
• 50-Day Range: $0.56 to $1.06
• 52-Week Range: $0.51 to $1.79
• Volume: 25,162 shs
• Average Volume: 57,881 shs
• Market Capitalization: $6.12 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Gulf Resources Stock Analysis - MarketRank™

Gulf Resources scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Gulf Resources.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Gulf Resources is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gulf Resources is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Gulf Resources has a P/B Ratio of 0.03. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.76% of the float of Gulf Resources has been sold short.

Short Interest Ratio / Days to Cover

Gulf Resources has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gulf Resources has recently increased by 85.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Gulf Resources does not currently pay a dividend.

Dividend Growth

Gulf Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.76% of the float of Gulf Resources has been sold short.

Short Interest Ratio / Days to Cover

Gulf Resources has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gulf Resources has recently increased by 85.58%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.17

News Sentiment

Gulf Resources has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Gulf Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gulf Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.70% of the stock of Gulf Resources is held by insiders.

Percentage Held by Institutions

Only 3.28% of the stock of Gulf Resources is held by institutions.

GURE Stock Analysis - Frequently Asked Questions

How have GURE shares performed this year?

Gulf Resources' stock was trading at $1.65 on January 1st, 2024. Since then, GURE shares have decreased by 65.5% and is now trading at $0.57.
View the best growth stocks for 2024 here.

How were Gulf Resources' earnings last quarter?

Gulf Resources, Inc. (NASDAQ:GURE) announced its quarterly earnings results on Friday, October, 11th. The specialty chemicals company reported ($3.09) earnings per share (EPS) for the quarter. The specialty chemicals company earned $2.38 million during the quarter. Gulf Resources had a negative trailing twelve-month return on equity of 52.02% and a negative net margin of 776.15%.

How do I buy shares of Gulf Resources?

Shares of GURE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gulf Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gulf Resources investors own include CTI BioPharma (CTIC), Galectin Therapeutics (GALT), Ocean Power Technologies (OPTT), AcelRx Pharmaceuticals (ACRX), Alphatec (ATEC), Enphase Energy (ENPH) and Huntington Bancshares (HBAN).

Company Calendar

• Last Earnings: 10/11/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Chemicals & allied products
• Sub-Industry: Chemicals
• Current Symbol: NASDAQ:GURE
• Previous Symbol: NASDAQ:GFRE
• CUSIP: N/A
• CIK: 885462
• Web: www.gulfresourcesinc.com
• Phone: 865365670008
• Fax: N/A
• Employees: 380
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($9.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-61,790,000.00
• Net Margins: -594.46%
• Pretax Margin: -585.61%
• Return on Equity: -46.85%
• Return on Assets: -42.39%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.09
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $30.04 million
• Price / Sales: 0.21
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $19.67 per share
• Price / Book: 0.03

Miscellaneous

• Outstanding Shares: 10,730,000
• Free Float: 10,545,000
• Market Cap: $6.42 million
• Optionable: Optionable
• Beta: 0.18