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

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

Charles & Colvard, Ltd. Trading Down 4.0 %

Shares of NASDAQ:CTHR opened at $1.20 on Friday. The business has a fifty day simple moving average of $1.60 and a 200 day simple moving average of $2.01. Charles & Colvard, Ltd. has a 1 year low of $1.18 and a 1 year high of $4.90. The firm has a market cap of $3.74 million, a price-to-earnings ratio of -0.20 and a beta of 1.42.

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.