Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by StockNews.com

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

Charles & Colvard, Ltd. Price Performance

Shares of CTHR opened at $0.98 on Thursday. Charles & Colvard, Ltd. has a 12 month low of $0.93 and a 12 month high of $3.90. The stock has a market cap of $3.06 million, a PE ratio of -0.17 and a beta of 1.27. The stock’s 50-day moving average is $1.25 and its two-hundred day moving average is $1.39.

About Charles & Colvard, Ltd.

(Get Free Report)

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.

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