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

StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report published on Saturday. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Up 9.1 %

Shares of Charles & Colvard, Ltd. stock opened at $1.32 on Friday. The firm has a market capitalization of $4.12 million, a P/E ratio of -0.22 and a beta of 1.46. Charles & Colvard, Ltd. has a 52 week low of $1.18 and a 52 week high of $4.90. The firm’s 50 day moving average is $1.59 and its two-hundred day moving average is $1.96.

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.