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

Research analysts at StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report released on Saturday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Up 9.8 %

Shares of Charles & Colvard, Ltd. stock opened at $1.46 on Friday. Charles & Colvard, Ltd. has a 12 month low of $1.16 and a 12 month high of $4.90. The business has a fifty day simple moving average of $1.34 and a 200 day simple moving average of $1.59. The stock has a market cap of $4.55 million, a PE ratio of -0.25 and a beta of 1.44.

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.