Charles & Colvard Ltd (NASDAQ:CTHR) Director Ollin B. Sykes acquired 10,000 shares of Charles & Colvard Ltd stock in a transaction on Tuesday, December 12th. The stock was acquired at an average price of $1.38 per share, with a total value of $13,800.00. Following the purchase, the director now directly owns 348,484 shares in the company, valued at $480,907.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Charles & Colvard Ltd (NASDAQ CTHR) traded down $0.01 during midday trading on Friday, hitting $1.42. The stock had a trading volume of 21,844 shares, compared to its average volume of 111,312. Charles & Colvard Ltd has a 1 year low of $0.80 and a 1 year high of $1.55. The stock has a market cap of $30.51, a PE ratio of -14.20 and a beta of 1.02.

Charles & Colvard Ltd (NASDAQ:CTHR) last issued its quarterly earnings results on Thursday, November 2nd. The company reported ($0.01) EPS for the quarter. Charles & Colvard Ltd had a negative net margin of 9.01% and a negative return on equity of 6.44%. The firm had revenue of $6.21 million for the quarter.

Separately, TheStreet raised Charles & Colvard Ltd from a “d+” rating to a “c-” rating in a research report on Monday, December 11th.

TRADEMARK VIOLATION NOTICE: “Charles & Colvard Ltd (CTHR) Director Ollin B. Sykes Purchases 10,000 Shares” was originally posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at https://theolympiareport.com/2017/12/23/charles-colvard-ltd-cthr-director-ollin-b-sykes-purchases-10000-shares.html.

Charles & Colvard Ltd Company Profile

Charles & Colvard, Ltd. manufactures and distributes Charles & Colvard Created Moissanite jewels (moissanite) and finished jewelry featuring moissanite. The Company’s segments are Wholesale, Moissanite.com and Charles & Colvard Direct. The Company sells loose moissanite jewels and finished jewelry at wholesale to distributors, manufacturers and retailers, and at retail to end consumers through its operating subsidiaries.

Insider Buying and Selling by Quarter for Charles & Colvard Ltd (NASDAQ:CTHR)

Receive News & Ratings for Charles & Colvard Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles & Colvard Ltd and related companies with MarketBeat.com's FREE daily email newsletter.