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

Analysts at StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Up 9.8 %

Charles & Colvard, Ltd. stock opened at $1.46 on Friday. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-week high of $4.90. The firm has a market cap of $4.55 million, a PE ratio of -0.25 and a beta of 1.44. The company’s 50 day moving average is $1.34 and its two-hundred day moving average is $1.60.

Charles & Colvard, Ltd. Company 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.