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

Equities research analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of NASDAQ CTHR opened at $1.49 on Friday. Charles & Colvard, Ltd. has a fifty-two week low of $1.16 and a fifty-two week high of $4.90. The stock has a market cap of $4.65 million, a PE ratio of -0.25 and a beta of 1.41. The stock has a fifty day moving average of $1.34 and a 200-day moving average of $1.58.

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.