Charles & Colvard, Ltd. (NASDAQ:CTHR) Earns Hold Rating from Analysts at StockNews.com

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

Charles & Colvard, Ltd. Stock Down 3.2 %

NASDAQ:CTHR opened at $1.06 on Monday. The company’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.46. Charles & Colvard, Ltd. has a 52 week low of $0.99 and a 52 week high of $4.00. The stock has a market cap of $3.29 million, a price-to-earnings ratio of -0.18 and a beta of 1.27.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.