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 Monday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR opened at $1.30 on Monday. The stock has a market capitalization of $4.06 million, a P/E ratio of -0.22 and a beta of 1.46. Charles & Colvard, Ltd. has a 1 year low of $1.18 and a 1 year high of $4.90. The company’s fifty day moving average is $1.54 and its two-hundred day moving average is $1.82.

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.