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

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

Charles & Colvard, Ltd. Price Performance

Charles & Colvard, Ltd. stock opened at $1.21 on Friday. The stock’s fifty day moving average price is $1.45 and its two-hundred day moving average price is $1.49. Charles & Colvard, Ltd. has a one year low of $1.16 and a one year high of $4.16. The firm has a market cap of $3.77 million, a PE ratio of -0.21 and a beta of 1.42.

Charles & Colvard, Ltd. Company Profile

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.