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

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

Charles & Colvard, Ltd. Price Performance

NASDAQ CTHR opened at $0.30 on Tuesday. The business has a 50 day simple moving average of $0.79 and a 200 day simple moving average of $1.18. Charles & Colvard, Ltd. has a one year low of $0.00 and a one year high of $3.20. The stock has a market capitalization of $935,400.00, a P/E ratio of -0.05 and a beta of 1.49.

About Charles & Colvard, Ltd.

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.