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

Research analysts at StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Trading Up 13.0 %

Charles & Colvard, Ltd. stock opened at $1.74 on Tuesday. The firm has a market cap of $5.43 million, a PE ratio of -0.29 and a beta of 1.41. The stock’s 50 day simple moving average is $1.39 and its two-hundred day simple moving average is $1.56. Charles & Colvard, Ltd. has a 12 month low of $1.16 and a 12 month high of $4.90.

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.