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

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

Charles & Colvard, Ltd. Trading Up 1.0 %

Shares of NASDAQ CTHR opened at $0.97 on Tuesday. The firm has a market cap of $3.01 million, a PE ratio of -0.16 and a beta of 1.27. Charles & Colvard, Ltd. has a 1-year low of $0.93 and a 1-year high of $3.90. The company has a fifty day moving average price of $1.36 and a 200 day moving average price of $1.44.

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.