Charles & Colvard, Ltd. (NASDAQ:CTHR) Director Jaqui Lividini acquired 15,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average cost of $1.60 per share, with a total value of $24,800.00. Following the completion of the acquisition, the director now owns 15,500 shares in the company, valued at approximately $24,800. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NASDAQ CTHR traded up $0.01 during mid-day trading on Wednesday, reaching $1.64. 383,749 shares of the company were exchanged, compared to its average volume of 182,362. Charles & Colvard, Ltd. has a 52 week low of $0.80 and a 52 week high of $2.48. The company has a market capitalization of $34.84 million, a P/E ratio of 22.86 and a beta of -0.34.

Charles & Colvard, Ltd. (NASDAQ:CTHR) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.04 earnings per share (EPS) for the quarter. Charles & Colvard, Ltd. had a net margin of 4.56% and a return on equity of 4.06%. The company had revenue of $7.90 million during the quarter.

A number of analysts have recently issued reports on the stock. Roth Capital assumed coverage on shares of Charles & Colvard, Ltd. in a report on Wednesday. They set a “buy” rating and a $2.50 price objective for the company. TheStreet raised shares of Charles & Colvard, Ltd. from a “d+” rating to a “c” rating in a report on Wednesday, February 13th.

A hedge fund recently raised its position in Charles & Colvard, Ltd. stock. Renaissance Technologies LLC increased its holdings in Charles & Colvard, Ltd. (NASDAQ:CTHR) by 11.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 242,271 shares of the company’s stock after purchasing an additional 24,400 shares during the quarter. Renaissance Technologies LLC owned 1.12% of Charles & Colvard, Ltd. worth $276,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 9.65% of the company’s stock.

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About Charles & Colvard, Ltd.

Charles & Colvard, Ltd. manufactures, markets, and distributes moissanite jewels and finished jewelry featuring moissanite worldwide. The company offers near-colorless moissanite jewels cut in various shapes, including round, square brilliant, princess, cushion, radiant, pear, marquise, heart, and oval in sizes ranging from approximately 1.3 to 12 millimeters.

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