Share on StockTwits

Charles & Colvard (NASDAQ:CTHR) Director Anne M. Butler bought 14,300 shares of the 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 acquisition, the director now directly owns 126,881 shares in the company, valued at approximately $249,956. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 one year low of $1.70 and a one year high of $8.34. The stock’s 50-day moving average is $2.07 and its 200-day moving average is $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) EPS for the quarter, missing the Thomson Reuters 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.

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.