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

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

Charles & Colvard, Ltd. Price Performance

NASDAQ CTHR opened at $1.53 on Monday. The stock’s fifty day moving average price is $1.38 and its 200 day moving average price is $1.57. Charles & Colvard, Ltd. has a 1 year low of $1.16 and a 1 year high of $4.90. The company has a market cap of $4.77 million, a price-to-earnings ratio of -0.26 and a beta of 1.41.

Charles & Colvard, Ltd. Company Profile

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.