Added to YB: 2025-01-13
Pitch date: 2025-01-08
CTHR [bullish]
Charles & Colvard, Ltd.
-2.9%
current return
Author Info
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Company Info
Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company operates in two segments, Online Channels and Traditional.
Market Cap
$4.6M
Pitch Price
$1.55
Price Target
4.85 (+222%)
Dividend
N/A
Sector
Textiles, Apparel and Luxury Goods
Category
value
Charles & Colvard: Potential Turnaround After Resolving Wolfspeed Lawsuit
CTHR: Post-lawsuit resolution, trading at 0.15x TBV, 0.40x NCAV. PT $4.60-4.85 (217-234% upside) based on 1.4-1.5x NCAV less $1.44M net hit. Freed from WOLF supply agreement, enhancing cost flexibility. Insiders own 25%, confident at $4.80. Risks: delayed filings, customer concentration. Moissanite demand strong.
Read full article (2 min)