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

StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report released on Tuesday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of NASDAQ CTHR opened at $1.30 on Tuesday. The firm has a market cap of $4.04 million, a price-to-earnings ratio of -0.22 and a beta of 1.46. The business’s 50-day simple moving average is $1.48 and its 200-day simple moving average is $1.75. Charles & Colvard, Ltd. has a 52 week low of $1.18 and a 52 week high of $4.90.

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.