Charles & Colvard Ltd. (CTHR, Financial), a company specializing in the production and sale of finished jewelry, experienced significant stock movement with a gain of 5.23%. The stock is priced at $1.69 per share, with a trading volume of 13,781 shares and a turnover rate of 0.45%. The stock's amplitude reached 2.48%.
Recent financial data highlights that CTHR reported a revenue of $5.26 million but faced a net loss of $3.63 million, leading to an earnings per share (EPS) of -$1.20. The gross profit stood at $1.19 million, resulting in a price-to-earnings (P/E) ratio of -0.27. As of now, there are no institutional ratings indicating "buy," "hold," or "sell" recommendations for CTHR.
Within the luxury goods sector, there was an overall modest increase of 0.04%. Among notable performers, Myt Netherlands Parent Bv, Capri Holdings Limited, and Birks Group Inc. saw significant gains. Additionally, Signet Jewelers, Movado, and Charles & Colvard Ltd. exhibited notable activity with turnover rates of 0.69%, 0.45%, and 0.45%, respectively. Companies with greater amplitude included Myt Netherlands Parent Bv, Envela Corporation, and Brilliant Earth Group, Inc., with fluctuations of 8.41%, 3.93%, and 3.27%, respectively.
Charles & Colvard Ltd. operates through two main segments: online channels and traditional departments, deriving most of its revenue from online sales. Online platforms include charlesandcolvard.com, moissaniteoutlet.com, third-party online markets, drop-ship retail, and exclusive ecommerce channels.
