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

Stock analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of CTHR stock opened at $1.52 on Wednesday. Charles & Colvard, Ltd. has a one year low of $1.16 and a one year high of $4.40. The stock has a fifty day moving average price of $1.44 and a 200 day moving average price of $1.56. The stock has a market cap of $4.74 million, a P/E ratio of -0.26 and a beta of 1.41.

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.