Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated at StockNews.com

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

Charles & Colvard, Ltd. Stock Up 1.4 %

Shares of NASDAQ:CTHR opened at $1.01 on Wednesday. The stock has a market capitalization of $3.16 million, a PE ratio of -0.17 and a beta of 1.27. The firm’s 50 day moving average price is $1.30 and its 200-day moving average price is $1.41. Charles & Colvard, Ltd. has a twelve month low of $0.93 and a twelve month high of $3.90.

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.