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

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

Charles & Colvard, Ltd. Stock Performance

NASDAQ CTHR opened at $1.49 on Friday. The company has a market capitalization of $4.65 million, a PE ratio of -0.25 and a beta of 1.41. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-week high of $4.90. The company has a 50-day simple moving average of $1.34 and a 200 day simple moving average of $1.58.

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.