Gulf Resources Inc (NASDAQ:GURE) has a beta value of 0.17 and has seen 3.19 million shares traded in the last trading session. The company, currently valued at $7.42M, closed the last trade at $0.69 per share which meant it lost -$0.19 on the day or -21.41% during that session. The GURE stock price is -159.42% off its 52-week high price of $1.79 and 27.54% above the 52-week low of $0.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 94760.0 shares traded. The 3-month trading volume is 91.28K shares.
Gulf Resources Inc (NASDAQ:GURE) trade information
Sporting -21.41% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GURE stock price touched $0.69 or saw a rise of 49.64%. Year-to-date, Gulf Resources Inc shares have moved 21.85%, while the 5-day performance has seen it change 21.85%. Over the past 30 days, the shares of Gulf Resources Inc (NASDAQ:GURE) have changed 22.26%. Short interest in the company has seen 57852.0 shares shorted with days to cover at 0.35.
Gulf Resources Inc (GURE) estimates and forecasts
The company’s shares have lost -43.78% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.55% over the past 5 years.
GURE Dividends
Gulf Resources Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gulf Resources Inc (NASDAQ:GURE)’s Major holders
Insiders own 33.85% of the company shares, while shares held by institutions stand at 3.06% with a share float percentage of 4.62%. Investors are also buoyed by the number of investors in a company, with Gulf Resources Inc having a total of 14.0 institutions that hold shares in the company. The top two institutional holders are RENAISSANCE TECHNOLOGIES LLC with over 0.16 million shares worth more than $0.17 million. As of 2024-06-30, RENAISSANCE TECHNOLOGIES LLC held 1.5816% of shares outstanding.
The other major institutional holder is BRIDGEWAY CAPITAL MANAGEMENT, LLC, with the holding of over 0.13 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.13 million and represent 1.2073% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Bridgeway Funds Inc-Ultra Small Company Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund . As of Sep 30, 2024 , the former fund manager holds about 0.76% shares in the company for having 81.46 shares of worth $56207.0 while later fund manager owns 42.12 shares of worth $29061.0 as of Sep 30, 2024 , which makes it owner of about 0.39% of company’s outstanding stock.
