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

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

Charles & Colvard, Ltd. Trading Down 1.1 %

Shares of CTHR stock opened at $1.29 on Tuesday. The company has a market cap of $4.02 million, a P/E ratio of -0.22 and a beta of 1.46. The firm has a fifty day moving average price of $1.49 and a 200 day moving average price of $1.76. Charles & Colvard, Ltd. has a 12 month low of $1.18 and a 12 month high of $4.90.

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.