Charles & Colvard, Ltd. (CTHR) Earning Somewhat Favorable Media Coverage, Analysis Shows

Media coverage about Charles & Colvard, Ltd. (NASDAQ:CTHR) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Charles & Colvard, Ltd. earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.3002579753085 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Charles & Colvard, Ltd. stock traded up $0.02 during midday trading on Friday, reaching $1.42. 15,371 shares of the company traded hands, compared to its average volume of 89,198. The firm has a market cap of $30.64, a P/E ratio of -47.33 and a beta of 0.85. Charles & Colvard, Ltd. has a 1-year low of $0.80 and a 1-year high of $1.60.

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Charles & Colvard, Ltd. (NASDAQ:CTHR) last issued its quarterly earnings results on Thursday, March 8th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $8.54 million for the quarter. Charles & Colvard, Ltd. had a negative net margin of 1.68% and a negative return on equity of 1.33%.

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

In other news, Director Ollin B. Sykes acquired 21,000 shares of the company’s stock in a transaction on Tuesday, March 13th. The stock was purchased at an average cost of $1.35 per share, with a total value of $28,350.00. Following the acquisition, the director now owns 348,484 shares of the company’s stock, valued at approximately $470,453.40. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 20.30% of the company’s stock.

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About Charles & Colvard, Ltd.

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)

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