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

Stock analysts at StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report released on Tuesday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Trading Down 2.7 %

Charles & Colvard, Ltd. stock opened at $1.26 on Tuesday. Charles & Colvard, Ltd. has a 12 month low of $1.18 and a 12 month high of $4.90. The company has a market capitalization of $3.93 million, a price-to-earnings ratio of -0.21 and a beta of 1.46. The business’s fifty day simple moving average is $1.47 and its two-hundred day simple moving average is $1.75.

About Charles & Colvard, Ltd.

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.