Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR stock opened at $1.29 on Tuesday. The stock has a market capitalization of $4.02 million, a P/E ratio of -0.22 and a beta of 1.46. The company has a 50 day moving average price of $1.49 and a 200 day moving average price of $1.76. Charles & Colvard, Ltd. has a fifty-two week low of $1.18 and a fifty-two week high of $4.90.

About Charles & Colvard, Ltd.

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. It manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name.