Charles & Colvard, Ltd. (CTHR) Scheduled to Post Earnings on Thursday

Charles & Colvard, Ltd. (NASDAQ:CTHR) is set to post its quarterly earnings results after the market closes on Thursday, May 2nd. Investors that wish to listen to the company’s conference call can do so using this link.

Charles & Colvard, Ltd. (NASDAQ:CTHR) last posted its earnings results on Tuesday, February 13th. The company reported ($0.09) EPS for the quarter. The company had revenue of $7.91 million for the quarter. Charles & Colvard, Ltd. had a negative net margin of 91.98% and a negative return on equity of 57.44%.

Charles & Colvard, Ltd. Stock Performance

Charles & Colvard, Ltd. has a 1 year low of $0.29 and a 1 year high of $1.03. The business’s fifty day moving average is $0.35 and its 200 day moving average is $0.38.

Insider Activity at Charles & Colvard, Ltd.

In other news, Director Ollin B. Sykes bought 107,500 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was purchased at an average price of $0.33 per share, for a total transaction of $35,475.00. Following the transaction, the director now owns 1,844,398 shares in the company, valued at $608,651.34. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have bought a total of 139,850 shares of company stock worth $47,311 in the last ninety days. 24.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Charles & Colvard, Ltd. in a research note on Wednesday, April 24th. They issued a “hold” rating on the stock.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company operates in two segments, Online Channels and Traditional. It manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name.