TheStreet upgraded shares of Charles & Colvard Ltd (NASDAQ:CTHR) from a d+ rating to a c- rating in a report released on Monday morning.

Shares of Charles & Colvard Ltd (NASDAQ:CTHR) opened at $1.38 on Monday. Charles & Colvard Ltd has a 1 year low of $0.80 and a 1 year high of $1.55.

Charles & Colvard Ltd (NASDAQ:CTHR) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($0.01) EPS for the quarter. Charles & Colvard Ltd had a negative return on equity of 6.44% and a negative net margin of 9.01%. The business had revenue of $6.21 million during the quarter.

In other Charles & Colvard Ltd news, Director Ollin B. Sykes bought 35,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of $1.26 per share, with a total value of $44,100.00. Following the transaction, the director now owns 348,484 shares in the company, valued at $439,089.84. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ollin B. Sykes bought 24,148 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were acquired at an average cost of $1.30 per share, with a total value of $31,392.40. Following the transaction, the director now owns 348,484 shares in the company, valued at approximately $453,029.20. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 142,862 shares of company stock valued at $178,241. Corporate insiders own 20.30% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Charles & Colvard Ltd (CTHR) Upgraded by TheStreet to C-” was originally reported by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.watchlistnews.com/charles-colvard-ltd-cthr-upgraded-by-thestreet-to-c/1765492.html.

About Charles & Colvard Ltd

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.

Receive News & Ratings for Charles & Colvard Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles & Colvard Ltd and related companies with MarketBeat.com's FREE daily email newsletter.