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

StockNews.com started coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report sent to investors on Saturday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

CTHR opened at $1.35 on Friday. Charles & Colvard, Ltd. has a 1-year low of $1.16 and a 1-year high of $4.90. The stock has a market cap of $4.21 million, a P/E ratio of -0.23 and a beta of 1.44. The stock’s 50 day simple moving average is $1.34 and its 200 day simple moving average is $1.59.

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.