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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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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