Charles & Colvard, Ltd. (NASDAQ:CTHR) Earns Hold Rating from Analysts at StockNews.com

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

Charles & Colvard, Ltd. Stock Performance

Charles & Colvard, Ltd. stock opened at $1.21 on Wednesday. The company has a market cap of $3.78 million, a P/E ratio of -0.21 and a beta of 1.44. Charles & Colvard, Ltd. has a one year low of $1.18 and a one year high of $4.90. The business has a fifty day moving average of $1.42 and a two-hundred day moving average of $1.70.

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.