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

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

Charles & Colvard, Ltd. Trading Down 3.4 %

NASDAQ:CTHR opened at $1.13 on Monday. The firm has a fifty day simple moving average of $1.43 and a 200 day simple moving average of $1.47. Charles & Colvard, Ltd. has a 1-year low of $1.06 and a 1-year high of $4.00. The stock has a market capitalization of $3.52 million, a PE ratio of -0.19 and a beta of 1.27.

About Charles & Colvard, Ltd.

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.