Gulf Resources Inc (NASDAQ:GURE) currently has a daily average trading volume of 91.28K but it saw 3501616 shares traded in last market. With a market cap of 7.69M USD, the company’s current market price of $0.72 came falling about -18.54 while comparing to the previous closing price of $0.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.79 and as low as $0.50. In the recent trading on the day, stock has struck highest price mark of $0.64 while lowest mark touched by it was $1.47.
Taking a look at 20-day trading activity of Gulf Resources Inc (GURE) gives us an average price of $0.6323, while its current price level is -59.96% below from 52-week high level whereas it is 42.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6263 while that of 200 days or SMA-200 reads an average of $1.0692. A closer look into the stock’s movement over the week reveals that its volatility is standing at 42.23% during that period while stretching the period over a month that decreases to 18.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.20 which implies that the stock is in neutral territory.
Over the week, GURE’s stock price is moving 26.31% up while it is 26.73% when we observe its performance for the past one month. Year-to-date it is 26.31% up and over the past year, the stock is showing a downside performance of -56.29%.
Currently, Gulf Resources Inc’s total number of outstanding shares is 10.73M. Company’s return on investment (ROI) stands at -56.89% and return on equity (ROE) at -46.51%. Stock’s beta reads 0.17. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is -42.03% on average.
