Ollin B. Sykes Acquires 25,000 Shares of Charles & Colvard Ltd (CTHR) Stock

Charles & Colvard Ltd (NASDAQ:CTHR) Director Ollin B. Sykes acquired 25,000 shares of the stock in a transaction that occurred on Thursday, June 15th. The shares were acquired at an average cost of $0.91 per share, with a total value of $22,750.00. Following the transaction, the director now owns 348,484 shares in the company, valued at $317,120.44. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Charles & Colvard Ltd (CTHR) traded up 3.3100% during midday trading on Tuesday, hitting $0.9301. 1,637 shares of the company were exchanged. Charles & Colvard Ltd has a one year low of $0.83 and a one year high of $1.33. The stock’s 50-day moving average is $0.91 and its 200-day moving average is $0.98. The stock’s market cap is $20.12 million.

Charles & Colvard (NASDAQ:CTHR) last announced its quarterly earnings data on Thursday, May 4th. The company reported ($0.03) earnings per share (EPS) for the quarter. Charles & Colvard had a negative net margin of 16.13% and a negative return on equity of 10.62%. The business had revenue of $5.65 million during the quarter. Equities research analysts anticipate that Charles & Colvard Ltd will post $0.06 EPS for the current year.

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

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About Charles & Colvard

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:CTHR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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