Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated 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 Sunday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Trading Down 2.1 %

NASDAQ:CTHR opened at $1.41 on Friday. The stock has a 50 day moving average of $1.34 and a 200-day moving average of $1.58. The firm has a market capitalization of $4.40 million, a PE ratio of -0.24 and a beta of 1.41. Charles & Colvard, Ltd. has a 52 week low of $1.16 and a 52 week high of $4.90.

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.