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

Analysts at StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report released on Wednesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Down 1.3 %

Shares of NASDAQ CTHR opened at $1.52 on Wednesday. Charles & Colvard, Ltd. has a 12 month low of $1.16 and a 12 month high of $4.40. The company has a market cap of $4.74 million, a P/E ratio of -0.26 and a beta of 1.41. The business’s 50 day moving average is $1.44 and its two-hundred day moving average is $1.56.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.