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

StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report sent to investors on Tuesday. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Performance

CTHR opened at $0.98 on Tuesday. Charles & Colvard, Ltd. has a 52-week low of $0.93 and a 52-week high of $3.90. The firm has a market capitalization of $3.06 million, a PE ratio of -0.17 and a beta of 1.27. The business’s 50-day simple moving average is $1.35 and its 200 day simple moving average is $1.44.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.