Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by Analysts at StockNews.com

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

Charles & Colvard, Ltd. Stock Down 2.1 %

Shares of CTHR opened at $1.41 on Friday. The firm has a market capitalization of $4.40 million, a PE ratio of -0.24 and a beta of 1.41. The firm has a 50-day moving average price of $1.34 and a 200 day moving average price of $1.58. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-week high of $4.90.

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.