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

StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report report published on Saturday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Performance

NASDAQ:CTHR opened at $1.46 on Friday. The stock has a 50-day simple moving average of $1.34 and a two-hundred day simple moving average of $1.59. The firm has a market capitalization of $4.55 million, a PE ratio of -0.25 and a beta of 1.44. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-week 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.