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

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

Charles & Colvard, Ltd. Stock Down 4.0 %

Shares of CTHR stock opened at $1.20 on Friday. The firm has a market capitalization of $3.74 million, a price-to-earnings ratio of -0.20 and a beta of 1.42. The firm has a fifty day moving average of $1.60 and a 200-day moving average of $2.01. Charles & Colvard, Ltd. has a 12-month low of $1.18 and a 12-month high of $4.90.

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.