Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by StockNews.com

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

Charles & Colvard, Ltd. Stock Down 1.7 %

NASDAQ:CTHR opened at $1.71 on Thursday. The company has a market capitalization of $5.34 million, a PE ratio of -0.29 and a beta of 1.33. Charles & Colvard, Ltd. has a 52-week low of $1.53 and a 52-week high of $9.69. The stock has a fifty day simple moving average of $2.51 and a 200-day simple moving average of $3.35.

Charles & Colvard, Ltd. (NASDAQ:CTHR) last released its quarterly earnings results on Thursday, May 2nd. The company reported ($1.20) earnings per share (EPS) for the quarter. Charles & Colvard, Ltd. had a negative return on equity of 51.35% and a negative net margin of 77.23%. The firm had revenue of $5.26 million for the quarter.

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.