Quarterly Metrics: Quick and Current Ratios for Gulf Resources Inc (GURE)

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As of close of business last night, Gulf Resources Inc’s stock clocked out at $0.68, up 4.62% from its previous closing price of $0.65. In other words, the price has increased by $4.62 from its previous closing price. On the day, 2.17 million shares were traded. GURE stock price reached its highest trading level at $0.71 during the session, while it also had its lowest trading level at $0.665.

Ratios:

To gain a deeper understanding of GURE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 20 ’23 when Miao Naihui sold 110,000 shares for $2.50 per share. The transaction valued at 275,000 led to the insider holds 18,115 shares of the business.

Liu Xiaobin sold 110,000 shares of GURE for $275,000 on Dec 20 ’23. The Chief Executive Officer now owns 18,115 shares after completing the transaction at $2.50 per share. On Dec 20 ’23, another insider, Li Min, who serves as the Chief Financial Officer of the company, sold 110,000 shares for $2.50 each. As a result, the insider received 275,000 and left with 18,115 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GURE now has a Market Capitalization of 7705012 and an Enterprise Value of 5575676. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 0.339 whereas that against EBITDA is -0.14.

Stock Price History:

Over the past 52 weeks, GURE has reached a high of $1.88, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -28.97%, while the 200-Day Moving Average is calculated to be -45.07%.

Shares Statistics:

It appears that GURE traded 18.03K shares on average per day over the past three months and 264750 shares per day over the past ten days. A total of 10.73M shares are outstanding, with a floating share count of 7.65M. Insiders hold about 28.72% of the company’s shares, while institutions hold 3.36% stake in the company. Shares short for GURE as of 1728950400 were 31238 with a Short Ratio of 1.73, compared to 1726185600 on 25344. Therefore, it implies a Short% of Shares Outstanding of 31238 and a Short% of Float of 0.41000000000000003.

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