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Charles & Colvard (NASDAQ:CTHR) Director George R. Cattermole purchased 10,000 shares of the stock on the open market in a transaction dated 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 completion of the acquisition, the director now directly owns 466,606 shares in the company, valued at approximately $947,210. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Charles & Colvard (NASDAQ:CTHR) opened at 2.29 on Friday. 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 posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.31) 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. On average, analysts predict that Charles & Colvard will post $-0.41 earnings per share 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.

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