CTHR Stock Summary and Trading Ideas (Charles & Colvard Ltd. | NASDAQ:CTHR)

Charles & Colvard Ltd manufactures, markets, and distributes finished jewellery which also includes moissanite gemstone in the jewellery market. The company sells jewels through two operating segments namely Online Channels segment and Traditional segment. It generates maximum revenue from the Online Channels segment. Online Channels segment which consists of e-commerce outlets including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets.

Charles & Colvard Ltd. trades on the NASDAQ stock market under the symbol CTHR.

As of May 13, 2024, CTHR stock price declined to $0.28 with 222,583 million shares trading.

CTHR has a beta of 0.48, meaning it tends to be less sensitive to market movements. CTHR has a correlation of 0.01 to the broad based SPY ETF.

CTHR has a market cap of $8.50 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, CTHR stock traded as high as $3.48 and as low as $.27.

The top ETF exchange traded funds that CTHR belongs to (by Net Assets): VTI, VXF.

CTHR has underperformed the market in the last year with a price return of -71.1% while the SPY ETF gained +27.8%. CTHR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.2% and -13.4%, respectively, while the SPY returned +4.3% and +2.5%, respectively.

CTHR support price is $.27 and resistance is $.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CTHR stock will trade within this expected range on the day.