Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by StockNews.com

Investment analysts at StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR opened at $1.71 on Wednesday. The firm has a market capitalization of $5.33 million, a price-to-earnings ratio of -0.29 and a beta of 1.45. Charles & Colvard, Ltd. has a one year low of $1.53 and a one year high of $8.87. The stock’s fifty day moving average is $1.84 and its 200-day moving average is $2.81.

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.