Ollin B. Sykes Buys 35,000 Shares of Charles & Colvard Ltd (CTHR) Stock

Charles & Colvard Ltd (NASDAQ:CTHR) Director Ollin B. Sykes bought 35,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were purchased at an average price of $1.26 per share, for a total transaction of $44,100.00. Following the purchase, the director now owns 348,484 shares in the company, valued at approximately $439,089.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Charles & Colvard Ltd (NASDAQ:CTHR) traded down $0.05 during midday trading on Monday, reaching $1.26. 37,221 shares of the company’s stock were exchanged, compared to its average volume of 46,423. Charles & Colvard Ltd has a 12 month low of $0.80 and a 12 month high of $1.36.

Charles & Colvard Ltd (NASDAQ:CTHR) last released its earnings results on Thursday, November 2nd. The company reported ($0.01) EPS for the quarter. Charles & Colvard Ltd had a negative return on equity of 6.44% and a negative net margin of 9.01%. The firm had revenue of $6.21 million for the quarter.

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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.

Insider Buying and Selling by Quarter for Charles & Colvard Ltd (NASDAQ:CTHR)

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