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

StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report sent to investors on Friday morning. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of NASDAQ CTHR opened at $1.45 on Friday. The company has a market capitalization of $4.52 million, a P/E ratio of -0.25 and a beta of 1.44. Charles & Colvard, Ltd. has a one year low of $1.16 and a one year high of $4.90. The business’s 50-day moving average price is $1.35 and its two-hundred day moving average price is $1.62.

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.