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

Equities researchers at StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report issued to clients and investors on Monday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of CTHR stock opened at $1.51 on Monday. The business’s fifty day moving average price is $1.37 and its 200 day moving average price is $1.57. Charles & Colvard, Ltd. has a 1-year low of $1.16 and a 1-year high of $4.90. The firm has a market capitalization of $4.69 million, a PE ratio of -0.26 and a beta of 1.41.

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.