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

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

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR stock opened at $1.54 on Tuesday. The stock’s 50-day moving average is $1.39 and its two-hundred day moving average is $1.56. Charles & Colvard, Ltd. has a 1 year low of $1.16 and a 1 year high of $4.90. The firm has a market cap of $4.80 million, a price-to-earnings ratio of -0.26 and a beta of 1.41.

About Charles & Colvard, Ltd.

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.