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

Analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Charles & Colvard, Ltd. stock opened at $1.20 on Friday. The business has a 50 day moving average of $1.60 and a 200-day moving average of $1.99. The company has a market capitalization of $3.74 million, a P/E ratio of -0.20 and a beta of 1.47. Charles & Colvard, Ltd. has a 1 year low of $1.18 and a 1 year 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.