Gulf Resources (GURE, Financial) experienced a significant drop, with its stock price falling by 5.58%. The stock is currently priced at $0.660 per share with a trading volume of 13,602 shares, a turnover rate of 0.13%, and a price volatility of 4.22%.
The latest financial reports indicate that Gulf Resources reported revenue of $2.38 million and a net loss of $33.10 million, with an earnings per share (EPS) of -$3.09. The gross profit was recorded at -$2.93 million, and the price-to-earnings (P/E) ratio stands at -0.07. There are currently no institutional ratings available for the stock, categorized under the chemical products industry.
Within the chemical products sector, the overall decline was 0.37%. However, some related stocks such as Westlake Chemical Partners LP, Meisen, and Braskem S.A. showed significant growth. Other active stocks included Asp Isotopes Inc., Celanese, and Green Plains Energy, which had turnover rates of 8.62%, 1.98%, and 1.27%, respectively.
Gulf Resources, a holding company, is engaged in the production and trade of bromine, crude salt, and natural gas. It also produces and sells chemicals for various industrial applications, including oil and gas exploration, wastewater treatment, and paper production. The company operates in four segments: bromine, crude salt, chemical products, and natural gas, with the bromine segment being the largest revenue contributor. Bromine is primarily used in flame retardants, fumigants, water purification, dyes, pharmaceuticals, and disinfectants.
