Charles & Colvard Ltd (CTHR) Director Benedetta I. Casamento Buys 20,600 Shares of Stock
Charles & Colvard Ltd (NASDAQ:CTHR) Director Benedetta I. Casamento bought 20,600 shares of Charles & Colvard stock in a transaction that occurred on Tuesday, November 21st. The stock was purchased at an average cost of $1.23 per share, for a total transaction of $25,338.00. Following the acquisition, the director now owns 20,600 shares of the company’s stock, valued at $25,338. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Charles & Colvard Ltd (CTHR) traded up $0.02 during trading hours on Wednesday, reaching $1.19. 96,700 shares of the company traded hands, compared to its average volume of 43,934. Charles & Colvard Ltd has a 52-week low of $0.80 and a 52-week high of $1.24.
Charles & Colvard (NASDAQ:CTHR) last issued its earnings results on Thursday, November 2nd. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $6.21 million during the quarter. Charles & Colvard had a negative net margin of 9.01% and a negative return on equity of 6.44%.
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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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