Gulf Resources Enters Oversold Territory

Gulf Resources, Inc.’s (GFRE) share price has entered into oversold territory with a stochastic value of 15.25. The Zacks Consensus Estimate on the company’s earnings for 2010 increased by 7 cents over the past two months to $1.47 per share. Gulf Resource is a Zacks #1 Rank (“Strong Buy”) company.

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