Now Is The Time To Build A Position In Gulf Resources Inc (NASDAQ:GURE)

In last trading session, Gulf Resources Inc (NASDAQ:GURE) saw 3.5 million shares changing hands with its beta currently measuring 0.17. Company’s recent per share price level of $0.72 trading at -$0.16 or -18.54% at ring of the bell on the day assigns it a market valuation of $7.69M. That closing price of GURE’s stock is at a discount of -148.61% from its 52-week high price of $1.79 and is indicating a premium of 30.56% from its 52-week low price of $0.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.44 million shares which gives us an average trading volume of 91.28K if we extend that period to 3-months.

Gulf Resources Inc (NASDAQ:GURE) trade information

Upright in the red during last session for losing -18.54%, in the last five days GURE remained trading in the green while hitting it’s week-highest on Wednesday, 01/08/25 when the stock touched $0.72 price level, adding 51.02% to its value on the day. Gulf Resources Inc’s shares saw a change of 26.31% in year-to-date performance and have moved 26.31% in past 5-day. Gulf Resources Inc (NASDAQ:GURE) showed a performance of 26.73% in past 30-days. Number of shares sold short was 57852.0 shares which calculate 0.35 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.55% during past 5 years.

Gulf Resources Inc (NASDAQ:GURE)’s Major holders

Insiders are in possession of 33.85% of company’s total shares while institution are holding 3.06 percent of that, with stock having share float percentage of 4.62%. Investors also watch the number of corporate investors in a company very closely, which is 3.06% institutions for Gulf Resources Inc that are currently holding shares of the company. RENAISSANCE TECHNOLOGIES LLC is the top institutional holder at GURE for having 0.16 million shares of worth $0.17 million. And as of 2024-06-30, it was holding 1.5816 of the company’s outstanding shares.

The second largest institutional holder is BRIDGEWAY CAPITAL MANAGEMENT, LLC, which was holding about 0.13 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.2073 of outstanding shares, having a total worth of $0.13 million.