Market Insight: Charles & Colvard Ltd (CTHR)’s Notable Gain, Closing at 0.81

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Charles & Colvard Ltd (NASDAQ: CTHR) closed at $0.81 up 0.36% from its previous closing price of $0.80. In other words, the price has increased by $0.36 from its previous closing price. On the day, 0.83 million shares were traded.

Ratios:

For a deeper understanding of Charles & Colvard Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.05.

On February 22, 2008, Northland Securities reiterated its Market Perform rating and also upped its target price recommendation from $4 to $2.

Northland Securities Downgraded its Outperform to Market Perform on October 24, 2007, whereas the target price for the stock was revised from $7 to $4.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.10.

Stock Price History:

Over the past 52 weeks, CTHR has reached a high of $3.90, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -29.22%, while the 200-Day Moving Average is calculated to be -44.99%.

Shares Statistics:

A total of 3.12M shares are outstanding, with a floating share count of 2.02M. Insiders hold about 35.22% of the company’s shares, while institutions hold 6.84% stake in the company.

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