StockNews.com Begins Coverage on Charles & Colvard, Ltd. (NASDAQ:CTHR)

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

Charles & Colvard, Ltd. Trading Up 3.0 %

Shares of NASDAQ:CTHR opened at $1.02 on Wednesday. The firm has a 50 day moving average of $1.32 and a 200-day moving average of $1.42. Charles & Colvard, Ltd. has a 12 month low of $0.93 and a 12 month high of $3.90. The stock has a market capitalization of $3.18 million, a PE ratio of -0.17 and a beta of 1.27.

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.