Charles & Colvard Ltd (CTHR) Given Daily Media Sentiment Rating of 0.13
News headlines about Charles & Colvard Ltd (NASDAQ:CTHR) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Charles & Colvard Ltd earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.8642423566058 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Charles & Colvard Ltd (NASDAQ:CTHR) traded down $0.02 during midday trading on Friday, hitting $1.37. The company had a trading volume of 42,587 shares, compared to its average volume of 32,647. Charles & Colvard Ltd has a 12 month low of $0.80 and a 12 month high of $1.55. The firm has a market cap of $29.52, a P/E ratio of -12.43 and a beta of 1.03.
Charles & Colvard Ltd (NASDAQ:CTHR) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($0.01) earnings per share for the quarter. Charles & Colvard Ltd had a negative net margin of 9.01% and a negative return on equity of 6.44%. The firm had revenue of $6.21 million for the quarter.
Separately, TheStreet raised Charles & Colvard Ltd from a “d+” rating to a “c-” rating in a report on Monday, December 11th.
In other news, Director Ollin B. Sykes acquired 35,500 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were bought at an average price of $1.26 per share, with a total value of $44,730.00. Following the acquisition, the director now directly owns 348,484 shares in the company, valued at approximately $439,089.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Benedetta I. Casamento acquired 20,600 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were purchased at an average cost of $1.23 per share, for a total transaction of $25,338.00. Following the acquisition, the director now owns 20,600 shares in the company, valued at $25,338. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 147,356 shares of company stock worth $184,623. 20.30% of the stock is currently owned by company insiders.
About Charles & Colvard Ltd
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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