Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.0679032258064515
Stock impact report

Gulf Resources Provides Update on the Yuxin Chemical Factory [Yahoo! Finance]

Gulf Resources, Inc. (GURE) 
US:NASDAQ Investor Relations: gulfresourcesinc.com
Company Research Source: Yahoo! Finance
of bromine, crude salt and specialty chemical products in China, today announced it would like to update shareholders on the status of the Yuxin Chemical factory. At this time, the company has still not ordered the delivery of the remaining equipment for the factory while it evaluates market opportunities. The Chinese economy is currently weak. The weakness is especially significant in the housing market, which is a significant customer of bromine. The Company believes that most Chinese chemical companies in our niche, are currently losing money. While the company believes the economy will eventually improve, it does not believe it should spend more money on a business that is likely to lose money in the short term. Once the company sees improvement in the economy, it can take delivery of the remaining equipment and begin production. The Company continues to evaluate different segments of the chemical market to see which, if any, offer the best opportunity for profits. The C Show less Read more
Impact Snapshot
Event Time:
GURE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GURE alerts
Opt-in for
GURE alerts

from News Quantified
Opt-in for
GURE alerts

from News Quantified