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

StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHRFree Report) in a research note published on Sunday. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of CTHR stock opened at $1.98 on Friday. Charles & Colvard, Ltd. has a fifty-two week low of $1.53 and a fifty-two week high of $9.33. The stock’s 50-day moving average is $2.01 and its two-hundred day moving average is $3.05. The firm has a market cap of $6.18 million, a P/E ratio of -0.34 and a beta of 1.45.

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

About Charles & Colvard, Ltd.

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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.

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