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How to Buy Gulf Resources Stock

Gulf Resources Inc

Gulf Resources, Inc. , through its subsidiaries, manufactures and trades bromine and crude salt, chemical products, and natural gas in the People's Republic of China.

Gulf Resources stock last closed at $1.29, up 4.88% from the previous day, and has decreased 50.29% in one year. It has underperformed other stocks in the Chemicals industry by 0.56 percentage points. Gulf Resources stock is currently +51.05% from its 52-week low of $0.85, and -50.95% from its 52-week high of $2.63.

At the moment, there are 10.43M GURE shares outstanding. The market capitalization of GURE is $13.46M. In the past 24 hours, 471 GURE shares were traded.

How to Buy Gulf Resources Stock

Wondering how to invest in Gulf Resources stock? Here's how.
  1. Figure out where to buy Gulf Resources stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Gulf Resources stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your info.
  4. Analyze Gulf Resources stock: The Gulf Resources ticker symbol is GURE. Is Gulf Resources stock a good investment? Should you buy shares of GURE? How do GURE's underlying business fundamentals look? Do top analysts think Gulf Resources is a good buy? Why has GURE's stock price moved recently? (Hint: Our stock research tools can help you understand if GURE is a good stock to buy).
  5. Execute your GURE buy order: Decide if you will purchase GURE shares at the current market price or use a limit order to purchase GURE shares at a particular price.
  6. Track your GURE investment: Create a watchlist to watch your position in Gulf Resources shares.

Step 1: Figure out where to buy Gulf Resources stock

You need a brokerage account in order to access the NASDAQ market and buy GURE shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best brokerage. Here's why:

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal details so you can invest in GURE stock today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to create your new brokerage account.
  1. Submit your information by hitting the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit funds into your investment account

Now that you have opened your account on stock apps to use, you need to deposit funds:

Watch the walkthrough below for more details transferring money into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Gulf Resources stock

Once you have figured out the best place to buy Gulf Resources stock, it's crucial to analyze their stock before you buy, so you truly understand the risk as well as the upside.

Gulf Resources quick stats

GURE Price
$1.29
1w %
-12.24%
1y %
-50.29%
5y %
-73.3%
P/E
-2.53x
P/B
0.05x
P/S
0.32x
PEG
N/A
Revenue
$41.76M
Earnings
-$5.71M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$13.46M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Gulf Resources

WallStreetZen was created to help average investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on GURE's stock page.

Is GURE stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge GURE's fair value.

Using relative valuations metrics:

  • GURE may be undervalued based on its P/B ratio of 0.05x, relative to Chemicals industry P/B ratio of 1.83x

You can do more valuation research on GURE's stock here.

Is GURE a healthy company?

Passed Financial Due Diligence Checks:

  • GURE's operating cash flow of $23.92M allows it to safely service it's debt of $8.92M.
  • There are more short-term assets than long-term liabilities on the GURE balance sheet.
  • There are more short-term assets than short-term liabilities on the GURE balance sheet.
  • GURE has a low debt to equity ratio of 0.07.

Failed Financial Due Diligence Checks:

  • Total GURE debt is higher than 5 years ago, relative to shareholder equity.
  • GURE profit margin has gone down from 17% to -13.7% in the past year.
  • GURE earnings of -$4.24M is not sufficient to cover its interest payments.

GURE Trading Indicators

SMA10
1.46
SMA20
1.55
SMA50
1.51
SMA100
1.41
SMA200
1.53
MACD
-0.06
MACD Signal
-0.01
MACD Histogram
-0.05
RSI
34.95
Stochastic %K
12.24
Stochastic %D
9.29
StochRSI %K
5.59
StochRSI %D
1.86

How are GURE Revenues/Earnings doing?

Last year, GURE revenue was $41.76M. In the past 5 year, GURE's revenue has grown by 47.62% per year. This was faster than the Chemicals industry average of 4.39%.

Dive into GURE's earnings and revenue performance here.

What are GURE insiders up to?

Over the last 12 months, insiders at GURE have sold more shares than they have bought.

Min Li, Chief Financial Officer of GURE, was the latest GURE insider to sell. They sold $275,000.00 worth of GURE stock on Dec 20, 2023.

Get more info about who owns GURE shares here.

Can I get consistent income from GURE stock?

No, Gulf Resources doesn't provide an income stream by paying out dividends.

What do other traders have to say about GURE?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your GURE buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open button and eToro will execute the order.

If you need additional help with investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Track your GURE investment

Now that you own some GURE stock, you'll want to stay up-to-date on your shares.

Add GURE to a watchlist to track the latest developments regarding your GURE stock.

GURE Feed

How to Buy Stock in Gulf Resources

To summarize, here are the 6 steps you need to take to buy Gulf Resources stock right now:

  1. Figure out where to buy Gulf Resources stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Gulf Resources stock
  5. Execute your GURE buy order
  6. Track your GURE investment

If you need a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Gulf Resources, get started below.

NASDAQ: GURE
$1.29+0.06 (+4.88%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: GURE
$1.29+0.06 (+4.88%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Gulf Resources share?

As of Jun 21, 2024, it costs $1.29 to buy one share of Gulf Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.65, you can buy 0.5 shares of GURE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Gulf Resources stock?

One way to place an order for Gulf Resources stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.