GURE stock: buy or sell?

GURE stock price: $4.37 -18.62% At close on May 22nd, 2020

Updated on:
May 22nd, 2020

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After climbing for 4 days, Friday Gulf Resources plummed a spooky -18.62%, closing at $4.37. On Tuesday GURE climbed an amazing 7.85%.

Gulf Resources, Inc., through its subsidiaries, manufactures and trades in bromine, crude salt, chemical products, and natural gas in China.

Should I buy GURE stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Just 1 of our buy setups matches with Gulf Resources stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MAYes

Is Gulf Resources stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for GURE stock for the last 30 days.

GURE stock analysis

Daily outlook

After climbing for 4 days, Friday Gulf Resources plummed a spooky -18.62%, closing at $4.37.

After climbing for 4 days, Friday Gulf Resources plummed a spooky -18.62%, closing at $4.37. On May/18, SMA100d and SMA200d crossed up triggering a rise of 0.46%. Since price and SMA200d lines crossed up on Apr/15, GURE climbed $0.83 (23.45%). From a daily perspective, GURE is in a short term uptrend after plotting its last bottom ($4.00, on May 13th) higher than the previous bottom, and its last top ($5.68, on Thursday) also over the previous top. Now trading in between its last bottom and last top GURE might consolidate in a plain range, waiting to break out over $5.68 or down under $4.00.

GURE stock chart (daily)

Weekly outlook

Shares of Gulf Resources remained stable a slightly good 0.46% this week. Early May GURE skyrocketed an outstanding 11.39% in just one week.

The downtrend marked by GURE has left consecutive falling tops and bottoms. If the support holds the price, this might mark a double bottom pattern and create a flat-base to reverse this downtrend. Since SMA20d and SMA40w crossed up early May, GURE price climbed $0.48 per share (12.34%). Since price and SMA40w lines crossed up by mid April, GURE climbed $0.90 (25.94%).

GURE stock chart (weekly)

GURE stock price history

GURE stock went public on December 13th, 2006 with a price of $21.001. Since then, GURE stock declined a -79.20%, with a yearly average of -6.10%.

1: Adjusted price after possible price splits or reverse-splits.

GURE stock historical price chart

GURE stock reached 52-week highs at $7.40, and all-time highs 2010-01-11 with a price of 74.7.

GURE stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for Gulf Resources stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Gulf Resources published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
GURE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.17n/a
2017-Q2-n/a0.29n/a
2017-Q32017-11-13n/an/an/a
2017-Q42018-03-19n/a0.05n/a
2018-Q12018-05-10n/a-0.15n/a
2018-Q22018-08-10n/a-0.1n/a
2018-Q32018-11-13n/a0.01n/a
2018-Q42019-03-15n/a-0.14n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Gulf Resources annual revenues collapsed a dreadful -97.59% to $2.59 M USD from $107.52 marked in 2017. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) plunged a -2,703.57% to -2,696.17%.

GURE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$118 M-$21 M17.7%-
2014$114 M-4.00%$18 M15.7%-14.77%
2015$162 M42.81%$34 M21.0%90.62%
2016$149 M-8.03%$36 M24.3%6.33%
2017$108 M-27.97%$7.95 M7.4%-78.05%
2018$2.59 M-97.59%$-69.96 M-2696.2%-979.68%

Quarterly financial results

Gulf Resources reported $0.00 M in revenues for 2018-Q4, a -100.00% decline compared to previous quarter. Reported quarter income marked $-38.68 M with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was -5,681.77%. When comparing revenues to same quarter last year, Gulf Resources sales marked a hair-raising loss and plummed a -100.00%.
GURE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$32.79 M-$8.08 M24.6%-
2017-Q2$47.53 M44.95%$13.75 M28.9%70.17%
2017-Q3$23.84 M-49.84%$3.43 M14.4%-75.09%
2017-Q4$3.36 M-85.90%$-17.30 M-514.6%-604.99%
2018-Q1$2.25 M-33.15%$-6.98 M-310.5%-59.67%
2018-Q2$0.00 M-99.80%$-4.81 M-104764.3%-31.02%
2018-Q3$0.34 M7,368.00%$-19.49 M-5681.8%305.02%

Gulf Resources ownership

Reviewing Gulf Resources ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Gulf Resources, 42.88% of all outstanding shares are owned by its staff.

In case of Gulf Resources stock, 6.44% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for GURE stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Gulf Resources:

GURE
Market cap$41.6 M
Total shares9.5 M
Float shares5.4 M
  - Institutional holdings (%)6.4%
  - Insider holdings (%)42.9%
Shares in short selling0.0%

GURE summary

Friday, May 22nd, 2020
Open$4.50
Close$4.37
Day range$4.12 - $4.50
Previous close$5.37
Session gain-18.62%
Average true range$0.40
50d mov avg$3.79
100d mov avg$3.68
200d mov avg$3.58
Daily patternlt06a
Weekly pattern lt02a

Gulf Resources performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Gulf Resources to :
Stock3m6m12m
GUREGulf Resources11.48%61.85%-23.33%

Gulf Resources competitors

Unfortunately, we could not find any public company that could be defined as Gulf Resources competitor. This doesn't mean Gulf Resources does not have any competitor in the market, it's just we could not detected it.