Charles & Colvard (CTHR) Earns Media Impact Score of 0.11
Media stories about Charles & Colvard (NASDAQ:CTHR) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Charles & Colvard earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.1477573906838 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Charles & Colvard (NASDAQ:CTHR) opened at 0.8898 on Monday. The company’s 50 day moving average price is $0.87 and its 200 day moving average price is $0.94. Charles & Colvard has a 52-week low of $0.81 and a 52-week high of $1.33. The firm’s market capitalization is $19.25 million.
Charles & Colvard (NASDAQ:CTHR) last announced its quarterly earnings data on Thursday, August 3rd. The company reported ($0.02) EPS for the quarter. Charles & Colvard had a negative return on equity of 9.15% and a negative net margin of 13.57%. The firm had revenue of $6.64 million during the quarter. Analysts forecast that Charles & Colvard will post $0.06 earnings per share for the current year.
In other news, Director Neal I. Goldman acquired 50,000 shares of Charles & Colvard stock in a transaction on Monday, June 5th. The stock was bought at an average price of $0.96 per share, for a total transaction of $48,000.00. Following the transaction, the director now owns 235,023 shares of the company’s stock, valued at $225,622.08. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Ollin B. Sykes acquired 51,498 shares of Charles & Colvard stock in a transaction on Tuesday, June 6th. The stock was purchased at an average price of $0.94 per share, with a total value of $48,408.12. Following the transaction, the director now directly owns 348,484 shares in the company, valued at approximately $327,574.96. The disclosure for this purchase can be found here. Insiders acquired a total of 253,332 shares of company stock valued at $235,656 in the last quarter. Corporate insiders own 20.30% of the company’s stock.
About Charles & Colvard
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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