Charles & Colvard, Ltd. (NASDAQ:CTHR) released its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.01), Yahoo Finance reports. Charles & Colvard, Ltd. had a net margin of 5.91% and a return on equity of 4.50%.
Charles & Colvard, Ltd. stock opened at $0.84 on Friday. The firm has a market cap of $23.76 million, a PE ratio of 9.35 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.56 and a current ratio of 4.10. The firm’s 50 day moving average price is $0.69 and its two-hundred day moving average price is $1.09. Charles & Colvard, Ltd. has a twelve month low of $0.60 and a twelve month high of $2.48.
CTHR has been the topic of several research reports. Roth Capital reiterated a “buy” rating on shares of Charles & Colvard, Ltd. in a research note on Friday, February 7th. Zacks Investment Research lowered shares of Charles & Colvard, Ltd. from a “hold” rating to a “sell” rating in a research note on Thursday, March 26th.
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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