Share on StockTwits

Charles & Colvard (NASDAQ:CTHR) Director George R. Cattermole bought 10,000 shares of the stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $2.03 per share, with a total value of $20,300.00. Following the purchase, the director now directly owns 466,606 shares of the company’s stock, valued at approximately $947,210. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Charles & Colvard (NASDAQ:CTHR) traded up 11.71% during mid-day trading on Friday, hitting $2.29. The stock had a trading volume of 456,809 shares. 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 $2.78. The company’s market cap is $46.6 million.

Charles & Colvard (NASDAQ:CTHR) last announced its earnings results 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.