Charles & Colvard Director Purchases $28,171 in Stock (CTHR)
Charles & Colvard (NASDAQ:CTHR) Director Anne M. Butler purchased 14,300 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The stock was purchased at an average price of $1.97 per share, for a total transaction of $28,171.00. Following the completion of the transaction, the director now directly owns 126,881 shares in the company, valued at approximately $249,956. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Charles & Colvard (NASDAQ:CTHR) traded up 2.93% on Friday, hitting $2.11. 143,287 shares of the company’s stock traded hands. Charles & Colvard has a 52-week low of $1.70 and a 52-week high of $8.34. The stock has a 50-day moving average of $2.07 and a 200-day moving average of $2.79. The company’s market cap is $43.0 million.
Charles & Colvard (NASDAQ:CTHR) last released its earnings data on Thursday, July 31st. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.30. The company had revenue of $7.80 million for the quarter, compared to the consensus estimate of $7.47 million. Analysts expect that Charles & Colvard will post $-0.41 EPS for the current fiscal year.
Charles & Colvard, Ltd. (NASDAQ:CTHR) manufactures, markets, and distributes Charles & Colvard Created Moissanite jewels (which the Company refer to as moissanite or moissanite jewels) and finished jewelry featuring moissanite for sale in the worldwide jewelry market.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.