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

Equities research analysts at StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHRGet Free Report) in a report released on Saturday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of NASDAQ CTHR opened at $1.46 on Friday. The business has a 50-day moving average of $1.34 and a two-hundred day moving average of $1.60. The company has a market capitalization of $4.55 million, a price-to-earnings ratio of -0.25 and a beta of 1.44. Charles & Colvard, Ltd. has a 1 year low of $1.16 and a 1 year high of $4.90.

Charles & Colvard, Ltd. Company Profile

(Get Free Report)

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.

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