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

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

Charles & Colvard, Ltd. Trading Down 0.3 %

NASDAQ:CTHR opened at $1.50 on Tuesday. The firm’s fifty day simple moving average is $1.39 and its 200 day simple moving average is $1.56. Charles & Colvard, Ltd. has a twelve month low of $1.16 and a twelve month high of $4.90. The firm has a market capitalization of $4.68 million, a price-to-earnings ratio of -0.25 and a beta of 1.41.

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.