Renaissance Technologies LLC Has $204,000 Stock Holdings in Charles & Colvard, Ltd. (NASDAQ:CTHR)

Renaissance Technologies LLC decreased its holdings in Charles & Colvard, Ltd. (NASDAQ:CTHR) by 91.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 119,069 shares of the company’s stock after selling 1,267,299 shares during the quarter. Renaissance Technologies LLC owned approximately 3.82% of Charles & Colvard, Ltd. worth $204,000 at the end of the most recent reporting period.

Charles & Colvard, Ltd. Stock Down 3.0 %

Charles & Colvard, Ltd. stock opened at $1.60 on Friday. Charles & Colvard, Ltd. has a 52 week low of $1.51 and a 52 week high of $6.00. The company’s 50 day moving average price is $1.68 and its two-hundred day moving average price is $2.20. The stock has a market cap of $4.99 million, a P/E ratio of -0.27 and a beta of 1.42.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. in a research report on Wednesday. They set a “hold” rating on the stock.

Charles & Colvard, Ltd. Profile

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.