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

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

Charles & Colvard, Ltd. Trading Down 4.1 %

NASDAQ:CTHR opened at $1.51 on Monday. The firm has a market cap of $4.69 million, a P/E ratio of -0.26 and a beta of 1.41. The stock’s 50 day simple moving average is $1.37 and its 200-day simple moving average is $1.57. Charles & Colvard, Ltd. has a 12-month low of $1.16 and a 12-month high of $4.90.

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.