StockNews.com Begins Coverage on Charles & Colvard, Ltd. (NASDAQ:CTHR)

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

Charles & Colvard, Ltd. Stock Up 6.8 %

CTHR opened at $1.42 on Friday. Charles & Colvard, Ltd. has a 12 month low of $1.18 and a 12 month high of $4.90. The company has a fifty day simple moving average of $1.57 and a 200 day simple moving average of $1.94. The stock has a market cap of $4.43 million, a P/E ratio of -0.24 and a beta of 1.46.

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.