Charles & Colvard Ltd (CTHR) Director Ollin B. Sykes Buys 35,000 Shares of Stock

Charles & Colvard Ltd (NASDAQ:CTHR) Director Ollin B. Sykes bought 35,000 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were bought at an average price of $1.26 per share, with a total value of $44,100.00. Following the purchase, the director now owns 348,484 shares in the company, valued at approximately $439,089.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Charles & Colvard Ltd (NASDAQ:CTHR) opened at $1.26 on Tuesday. Charles & Colvard Ltd has a 12 month low of $0.80 and a 12 month high of $1.36.

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

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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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