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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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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