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 published on Monday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Down 2.4 %

Shares of NASDAQ CTHR opened at $1.27 on Monday. Charles & Colvard, Ltd. has a twelve month low of $1.18 and a twelve month high of $4.90. The firm has a market cap of $3.96 million, a PE ratio of -0.22 and a beta of 1.46. The business has a fifty day simple moving average of $1.55 and a two-hundred day simple moving average of $1.84.

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.