Equities researchers at StockNews.com started coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR – Get Free Report) in a research report issued on Thursday. The brokerage set a “hold” rating on the stock.
Charles & Colvard, Ltd. Stock Performance
NASDAQ:CTHR opened at $1.73 on Thursday. The stock has a 50-day simple moving average of $2.61 and a 200-day simple moving average of $3.39. The stock has a market cap of $5.40 million, a P/E ratio of -0.29 and a beta of 1.33. Charles & Colvard, Ltd. has a 1 year low of $1.53 and a 1 year high of $9.69.
Charles & Colvard, Ltd. (NASDAQ:CTHR – Get Free Report) last posted its earnings results on Thursday, May 2nd. The company reported ($1.20) earnings per share for the quarter. Charles & Colvard, Ltd. had a negative net margin of 77.23% and a negative return on equity of 51.35%. The firm had revenue of $5.26 million during the quarter.
About Charles & Colvard, Ltd.
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.
See Also
- Five stocks we like better than Charles & Colvard, Ltd.
- How to invest in marijuana stocks in 7 steps
- Stock Impact: McDonald’s Price War with Starbucks, Wendy’s
- What is the S&P/TSX Index?
- General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
- 3 Stocks to Consider Buying in October
- Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs
Receive News & Ratings for Charles & Colvard Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles & Colvard Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.
