19-Apr-2024
Gulf Resources Risks Nasdaq Delisting Over Late Report
TipRanks (Fri, 19-Apr 5:05 PM ET)
Gulf Resources receives Nasdaq non-compliance notice
Seeking Alpha News (Fri, 19-Apr 4:39 PM ET)
Gulf Resources Announces Receipt of Nasdaq Non-Compliance Notice
Globe Newswire (Fri, 19-Apr 4:30 PM ET)
Gulf Resources Announces Change in Independent Auditors
Globe Newswire (Thu, 18-Apr 8:30 AM ET)
Gulf Resources Provides Update on the Yuxin Chemical Factory
Globe Newswire (Fri, 9-Feb 8:30 AM ET)
Gulf Resources Announces the Completion of the Flood Prevention Project
Globe Newswire (Tue, 30-Jan 8:30 AM ET)
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; 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, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.
Gulf Resources trades on the NASDAQ stock market under the symbol GURE.
As of April 19, 2024, GURE stock price climbed to $1.39 with 2,521 million shares trading.
GURE has a market cap of $14.50 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, GURE stock traded as high as $7.74 and as low as $.85.
GURE has underperformed the market in the last year with a return of -48.3%, while the SPY ETF gained +21.2%. In the last 3 month period, GURE fell short of the market, returning -10.9%, while SPY returned +3.0%. However, in the most recent 2 weeks GURE has outperformed the stock market by returning +0.7%, while SPY returned -4.5%.
GURE support price is $1.30 and resistance is $1.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GURE stock will trade within this expected range on the day.