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

Stock analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a note issued to investors on Monday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of NASDAQ CTHR opened at $1.50 on Monday. Charles & Colvard, Ltd. has a 1-year low of $1.16 and a 1-year high of $4.90. The business has a fifty day moving average price of $1.38 and a 200 day moving average price of $1.57. The stock has a market capitalization of $4.68 million, a P/E ratio of -0.25 and a beta of 1.44.

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.