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

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

Charles & Colvard, Ltd. Stock Performance

CTHR opened at $1.37 on Friday. The stock’s 50 day moving average price is $1.36 and its 200-day moving average price is $1.63. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-week high of $4.90. The stock has a market capitalization of $4.27 million, a PE ratio of -0.23 and a beta of 1.44.

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.