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

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

Charles & Colvard, Ltd. Stock Down 5.1 %

Shares of NASDAQ:CTHR opened at $1.26 on Friday. The firm has a 50 day moving average of $1.65 and a 200 day moving average of $2.09. The company has a market capitalization of $3.93 million, a price-to-earnings ratio of -0.21 and a beta of 1.42. Charles & Colvard, Ltd. has a 52 week low of $1.23 and a 52 week high of $4.90.

About Charles & Colvard, Ltd.

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.