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

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

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR opened at $1.02 on Tuesday. The stock has a market capitalization of $3.18 million, a PE ratio of -0.17 and a beta of 1.27. Charles & Colvard, Ltd. has a 1 year low of $0.93 and a 1 year high of $3.90. The company’s 50-day simple moving average is $1.38 and its 200-day simple moving average is $1.45.

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.