Charles & Colvard, Ltd. (NASDAQ:CTHR) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report issued to clients and investors on Friday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of Charles & Colvard, Ltd. stock opened at $1.37 on Friday. Charles & Colvard, Ltd. has a one year low of $1.16 and a one year high of $4.90. The business’s 50 day simple moving average is $1.36 and its two-hundred day simple moving average is $1.63. The stock has a market capitalization of $4.27 million, a P/E ratio of -0.23 and a beta of 1.44.

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.