Time To Buy Gulf Resources (NASDAQ:GURE)? BidaskScore Upgrades Shares Today

Gulf Resources (NASDAQ:GURE) Stock Upgrade

In analysts note revealed to investors this morning, BidaskScore raised their rating on shares of Gulf Resources (NASDAQ:GURE) to a “Sell”

The stock decreased 2.86% or $0.03 during the last trading session, reaching $1.02. About 14,428 shares traded. Gulf Resources, Inc. (NASDAQ:GURE) has declined 28.45% since March 17, 2018 and is downtrending. It has underperformed by 32.82% the S&P500.

Gulf Resources, Inc., through its subsidiaries, makes and trades in bromine, crude salt, chemical products, and natural gas in China. The company has market cap of $47.74 million. It provides bromine for use in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. It currently has negative earnings. The firm also offers crude salt for use as a material in alkali and chlorine alkali production; and for use in the chemical, food and beverage, and other industries.

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More notable recent Gulf Resources, Inc. (NASDAQ:GURE) news were published by: Globenewswire.com which released: “Gulf Resources Discussed the Increasing Bromine Price Trend in China – GlobeNewswire” on April 15, 2015, also Seekingalpha.com with their article: “Gulf Resources: Due Diligence Raises Serious Questions – Seeking Alpha” published on April 26, 2011, Globenewswire.com published: “Gulf Resources announces the closing of its bromine, crude salt and chemical factories for rectification and improvement in order to meet the new environmental rules in China – GlobeNewswire” on September 07, 2017. More interesting news about Gulf Resources, Inc. (NASDAQ:GURE) were released by: Globenewswire.com and their article: “Gulf Resources Provides Updates on its Rectification and Repairment Work – GlobeNewswire” published on October 30, 2018 as well as Globenewswire.com‘s news article titled: “Gulf Resources Provides Update to Operations Nasdaq:GURE – GlobeNewswire” with publication date: December 17, 2018.

Gulf Resources, Inc. (NASDAQ:GURE) Institutional Positions Chart