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

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

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR stock opened at $1.55 on Thursday. Charles & Colvard, Ltd. has a twelve month low of $1.51 and a twelve month high of $4.90. The company has a market capitalization of $4.82 million, a PE ratio of -0.26 and a beta of 1.42. The firm has a fifty day simple moving average of $1.67 and a 200-day simple moving average of $2.15.

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.