Charles & Colvard Ltd (CTHR) Director Ollin B. Sykes Purchases 24,148 Shares of Stock

Charles & Colvard Ltd (NASDAQ:CTHR) Director Ollin B. Sykes purchased 24,148 shares of Charles & Colvard Ltd stock in a transaction on Wednesday, November 29th. The shares were acquired at an average cost of $1.30 per share, for a total transaction of $31,392.40. Following the completion of the transaction, the director now owns 348,484 shares of the company’s stock, valued at $453,029.20. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Charles & Colvard Ltd (NASDAQ CTHR) traded up $0.11 during mid-day trading on Friday, reaching $1.46. 447,803 shares of the company’s stock were exchanged, compared to its average volume of 112,344. Charles & Colvard Ltd has a 1 year low of $0.80 and a 1 year high of $1.55.

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

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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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