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

Posted by Latisha Jones on Oct 26th, 2024

StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR – Free Report) in a report released on Friday. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of NASDAQ CTHR opened at $1.23 on Friday. Charles & Colvard, Ltd. has a one year low of $1.18 and a one year high of $4.90. The firm has a market capitalization of $3.84 million, a P/E ratio of -0.21 and a beta of 1.42. The company’s fifty day moving average is $1.63 and its two-hundred day moving average is $2.08.

Charles & Colvard, Ltd. Company Profile

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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.