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

Analysts at StockNews.com initiated 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. Trading Down 14.1 %

Shares of Charles & Colvard, Ltd. stock opened at $1.77 on Monday. Charles & Colvard, Ltd. has a 1-year low of $1.51 and a 1-year high of $7.91. The company has a market cap of $5.52 million, a PE ratio of -0.30 and a beta of 1.43. The company has a 50 day moving average of $1.75 and a 200-day moving average of $2.39.

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.