Gulf Resources (GURE) Getting Somewhat Positive News Coverage, Analysis Shows

Media coverage about Gulf Resources (NASDAQ:GURE) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gulf Resources earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news coverage about the specialty chemicals company an impact score of 45.4779862372572 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Gulf Resources (NASDAQ:GURE) opened at 1.85 on Friday. The stock’s 50 day moving average is $1.70 and its 200-day moving average is $1.84. The firm has a market capitalization of $86.57 million, a P/E ratio of 2.28 and a beta of 0.51. Gulf Resources has a 1-year low of $1.53 and a 1-year high of $2.75.

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In other Gulf Resources news, CFO Min Li sold 28,182 shares of Gulf Resources stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $1.75, for a total transaction of $49,318.50. Following the completion of the transaction, the chief financial officer now directly owns 90,575 shares of the company’s stock, valued at $158,506.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Naihui Miao sold 38,182 shares of Gulf Resources stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $1.77, for a total transaction of $67,582.14. Following the transaction, the chief operating officer now directly owns 90,575 shares of the company’s stock, valued at $160,317.75. The disclosure for this sale can be found here. Insiders have sold 172,131 shares of company stock valued at $306,224 over the last ninety days. 30.10% of the stock is owned by insiders.

Gulf Resources Company Profile

Gulf Resources, Inc is a holding company. The Company manufactures and trades bromine and crude salt; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics.