The stock has a 36-month beta value of 0.92. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CTHR is 22.44M, and at present, short sellers hold a 0.52% of that float. On April 17, 2024, the average trading volume of CTHR was 128.54K shares.
CTHR) stock’s latest price update
Charles & Colvard Ltd (NASDAQ: CTHR)’s stock price has soared by 12.19 in relation to previous closing price of 0.30. Nevertheless, the company has seen a gain of 7.15% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-13 that Charles & Colvard, Ltd. (CTHR) Q2 2024 Earnings Call Transcript
CTHR’s Market Performance
Charles & Colvard Ltd (CTHR) has seen a 7.15% rise in stock performance for the week, with a -2.08% decline in the past month and a -16.53% plunge in the past quarter. The volatility ratio for the week is 8.03%, and the volatility levels for the past 30 days are at 7.39% for CTHR. The simple moving average for the past 20 days is 2.07% for CTHR’s stock, with a -37.35% simple moving average for the past 200 days.
Analysts’ Opinion of CTHR
Northland Securities, on the other hand, stated in their research note that they expect to see CTHR reach a price target of $2, previously predicting the price at $4. The rating they have provided for CTHR stocks is “Market Perform” according to the report published on February 22nd, 2008.
Northland Securities gave a rating of “Market Perform” to CTHR, setting the target price at $4 in the report published on October 24th of the previous year.
CTHR Trading at -4.02% from the 50-Day Moving Average
After a stumble in the market that brought CTHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.99% of loss for the given period.
Volatility was left at 7.39%, however, over the last 30 days, the volatility rate increased by 8.03%, as shares sank -3.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.13% lower at present.
During the last 5 trading sessions, CTHR rose by +7.15%, which changed the moving average for the period of 200-days by -63.57% in comparison to the 20-day moving average, which settled at $0.3314. In addition, Charles & Colvard Ltd saw -17.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTHR starting from O’CONNELL DON, who purchase 15,000 shares at the price of $0.37 back on Mar 05 ’24. After this action, O’CONNELL DON now owns 255,986 shares of Charles & Colvard Ltd, valued at $5,550 using the latest closing price.
SYKES OLLIN B, the Director of Charles & Colvard Ltd, purchase 19,000 shares at $0.37 during a trade that took place back on Mar 01 ’24, which means that SYKES OLLIN B is holding 1,863,398 shares at $7,028 based on the most recent closing price.
Stock Fundamentals for CTHR
Current profitability levels for the company are sitting at:
- -0.68 for the present operating margin
- 0.08 for the gross margin
The net margin for Charles & Colvard Ltd stands at -0.92. The total capital return value is set at -0.47. Equity return is now at value -50.21, with -41.39 for asset returns.
Based on Charles & Colvard Ltd (CTHR), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -1.89. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 181.3.
Currently, EBITDA for the company is -13.32 million with net debt to EBITDA at 0.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.07. The receivables turnover for the company is 14.09for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.84.
Conclusion
To sum up, Charles & Colvard Ltd (CTHR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
