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

StockNews.com started coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report issued on Friday morning. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Trading Up 3.3 %

Shares of CTHR stock opened at $1.26 on Friday. The stock has a market capitalization of $3.93 million, a price-to-earnings ratio of -0.21 and a beta of 1.42. Charles & Colvard, Ltd. has a 12-month low of $1.18 and a 12-month high of $4.90. The stock’s 50-day moving average price is $1.63 and its 200-day moving average price is $2.06.

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.