Streetbeat News

CTHR

Charles & Colvard, Ltd.

https://www.charlesandcolvard.com

Industry

Luxury Goods

Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name. It also markets and distributes lab grown diamonds, and finished jewelry with lab grown diamonds under the Caydia brand. The company sells its products at wholesale prices to distributors, manufacturers, retailers, and designers; and to end-consumers at retail prices through charlesandcolvard.com, third-party online marketplaces, drop-ship, and other e-commerce outlets. Charles & Colvard, Ltd. was founded in 1995 and is headquartered in Morrisville, North Carolina.

Open

1.34

Mkt cap

4.1M

Volume

11K

High

1.39

P/E Ratio

-0.22

52-wk high

4.90

Low

1.28

Div yield

N/A

52-wk low

1.18

In Friday's after-market session, 12 consumer discretionary stocks saw significant movements. Notable gainers included Nerdy, Dixie Gr, Xponential Fitness, Charles & Colvard, Gogoro, and Allbirds, with increases attributed to recent earnings reports for some. Losers comprised E-Home Household Service, Yoshitsu Co, Visionary Holdings, Jeffs Brands, ZHONGCHAO, and Viomi Technology Co, reflecting market adjustments.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 8:31 pm

In Friday's intraday session, several consumer discretionary stocks experienced significant movements. Notably, Golden Sun Health, 2U, Adtalem Global Education, El Pollo Loco Holdings, Phoenix Motor, and Clarus saw gains following their earnings reports. Conversely, SRIVARU Holding, Charles & Colvard, Expedia Group, Sabre, NWTN, and Connexa Sports Techs faced declines, with many also reacting to their earnings releases.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:31 pm

Charles & Colvard's stock trades lower following a report of decreased Q3 revenue year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:25 pm

Charles & Colvard (CTHR) reported a Q3 EPS of $(0.12), improving from $(0.28) YoY, but saw a decrease in sales to $5.26M from $6.64M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:17 pm

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Notably, Serve Robotics (SERV) led the gainers with a 17.2% increase, while Connexa Sports Technologies Inc. (YYAI) headed the losers with a 16.2% decrease. Other notable movers included Allbirds (BIRD), Tupperware Brands (TUP), and ZHONGCHAO (ZCMD) among others, reflecting a mix of sharp increases and decreases in stock prices.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:31 pm

In Tuesday's after-market session, several consumer discretionary stocks showed notable movements. Gainers included 2U, Newegg Commerce, Linkage Global, Vision Marine, Tupperware Brands, and ToughBuilt Industries with increases ranging from 2.73% to 8.3%. On the losing end, Naas Technology, Color Star Tech, Golden Sun Health, Charles & Colvard, Allbirds, and Selina Hospitality saw declines between 2.37% and 4.8%. Vision Marine's rise was attributed to its Q2 earnings release.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:32 pm

The article reports on the intraday movement of 12 consumer discretionary stocks, highlighting significant gainers and losers. Canoo (GOEV) led the gainers with a 15.3% increase, while Barnes & Noble Education (BNED) experienced the largest drop, decreasing by 69.8%.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 4:31 pm

Charles & Colvard, Ltd. (NASDAQ:CTHR) announced the launch of its new B2B trade portal, charlesandcolvarddirect.com, marking a strategic shift from its distributor model to direct sales to independent jewelers and retailers. This move allows access to its premium moissanite gems, Forever One and the new Forever Bright, directly from the company. The initiative aims to support independent businesses by offering better prices, maintaining brand integrity, and competing with foreign-developed moissanite while ensuring quality.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:09 pm

Insiders are buying shares of Entravision Communications, AmBase Corporation, Charles & Colvard, and CommScope Holding, indicating potential confidence in these companies. Entravision posted upbeat quarterly sales, AmBase's stock jumped 42% over the past month, Charles & Colvard reported a quarterly loss, and CommScope announced plans to increase U.S. manufacturing for fiber products.

Portfolio Pulse from Avi Kapoor

March 08, 2024 | 1:59 pm

Insiders at Charles & Colvard, E.W. Scripps Company, AMMO, Inc., and Power Solutions International have recently made significant stock purchases. These transactions indicate insider confidence in these companies, despite mixed financial results and corporate developments reported by some. Charles & Colvard reported a quarterly loss, while AMMO posted upbeat third-quarter results. Power Solutions International announced a new General Counsel appointment, and E.W. Scripps reported mixed fourth-quarter financial results.

Portfolio Pulse from Avi Kapoor

March 04, 2024 | 1:43 pm

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