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

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

Charles & Colvard, Ltd. Stock Down 9.7 %

Shares of CTHR stock opened at $0.90 on Thursday. Charles & Colvard, Ltd. has a 52 week low of $0.92 and a 52 week high of $3.90. The business has a 50 day moving average of $1.22 and a two-hundred day moving average of $1.38. The company has a market cap of $2.82 million, a P/E ratio of -0.15 and a beta of 1.27.

About Charles & Colvard, Ltd.

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.