Charles & Colvard, Ltd. (NASDAQ:CTHR) Receives New Coverage from Analysts at StockNews.com

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

Charles & Colvard, Ltd. Stock Performance

CTHR stock opened at $1.56 on Thursday. The stock has a 50-day simple moving average of $1.67 and a 200-day simple moving average of $2.15. The firm has a market cap of $4.86 million, a P/E ratio of -0.26 and a beta of 1.42. Charles & Colvard, Ltd. has a 1 year low of $1.51 and a 1 year high of $4.90.

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.