Somewhat Positive News Coverage Somewhat Unlikely to Impact Charles & Colvard (CTHR) Stock Price
News articles about Charles & Colvard (NASDAQ:CTHR) have trended somewhat positive on Sunday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Charles & Colvard earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.0350866233889 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Charles & Colvard (NASDAQ CTHR) opened at 0.91 on Friday. The stock’s market cap is $19.68 million. Charles & Colvard has a 52 week low of $0.81 and a 52 week high of $1.28. The stock’s 50 day moving average is $0.87 and its 200 day moving average is $0.94.
Charles & Colvard (NASDAQ:CTHR) last released its earnings results on Thursday, August 3rd. The company reported ($0.02) EPS for the quarter. The company had revenue of $6.64 million during the quarter. Charles & Colvard had a negative return on equity of 9.15% and a negative net margin of 13.57%. On average, equities analysts forecast that Charles & Colvard will post $0.06 EPS for the current year.
In other Charles & Colvard news, Director Neal I. Goldman acquired 50,000 shares of the firm’s stock in a transaction on Monday, June 5th. The stock was acquired at an average cost of $0.96 per share, for a total transaction of $48,000.00. Following the purchase, the director now owns 235,023 shares in the company, valued at approximately $225,622.08. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ollin B. Sykes acquired 78,108 shares of the firm’s stock in a transaction on Friday, June 2nd. The shares were acquired at an average price of $0.93 per share, with a total value of $72,640.44. Following the completion of the purchase, the director now owns 348,484 shares in the company, valued at approximately $324,090.12. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 253,432 shares of company stock valued at $235,741. Company insiders own 20.30% of the company’s stock.
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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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