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

StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research note issued to investors on Monday. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Trading Down 3.0 %

CTHR opened at $1.46 on Monday. Charles & Colvard, Ltd. has a 12-month low of $1.16 and a 12-month high of $4.90. The firm has a 50 day moving average of $1.38 and a two-hundred day moving average of $1.57. The firm has a market capitalization of $4.55 million, a PE ratio of -0.25 and a beta of 1.41.

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.