The stock of Charles & Colvard (CTHR, Financial) experienced significant volatility, with a swift increase of 5.51%. The share price reached $1.72, with a trading volume of 5,607 shares and a turnover rate of 0.18%, exhibiting an amplitude of 2.14%.
Recent financial reports showed that Charles & Colvard (CTHR, Financial) achieved revenue of $5.26 million. However, the company reported a net loss of $3.63 million, an earnings per share (EPS) of -$1.20, and a gross profit of $1.19 million, resulting in a Price-to-Earnings (P/E) ratio of -0.28.
Currently, no institutions have provided ratings such as "buy," "hold," or "sell" for this stock.
Within the luxury goods sector, where CTHR operates, the overall decline was 1.88%. Notably, stocks including Charles & Colvard (CTHR, Financial), Brilliant Earth Group, Inc., and Signet Jewelers experienced notable gains. Meanwhile, Movado, Capri Holdings Limited, and Tapestry, Inc. were relatively active, with turnover rates of 1.03%, 0.67%, and 0.36%, respectively. Brilliant Earth Group, Inc., Myt Netherlands Parent Bv, and The Realreal, Inc. exhibited significant amplitudes of 6.98%, 6.16%, and 4.58%, respectively.
Charles & Colvard Ltd produces and markets finished jewelry, including mosaic gemstones, through online and traditional channels. The company generates the majority of its revenue from online channels such as charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other exclusive e-commerce channels.
