Charles & Colvard Ltd (CTHR) Director Ollin B. Sykes Purchases 10,000 Shares
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.
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.
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