Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated by Analysts at

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

Charles & Colvard, Ltd. Stock Down 2.2 %

Charles & Colvard, Ltd. stock opened at $2.18 on Tuesday. The company has a market capitalization of $6.80 million, a PE ratio of -0.37 and a beta of 1.33. Charles & Colvard, Ltd. has a 12-month low of $2.10 and a 12-month high of $9.69. The firm’s fifty day moving average is $2.92 and its 200 day moving average is $3.59.

Charles & Colvard, Ltd. (NASDAQ:CTHRGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported ($1.20) earnings per share for the quarter. The company had revenue of $5.26 million for the quarter. Charles & Colvard, Ltd. had a negative net margin of 77.23% and a negative return on equity of 51.35%.

Charles & Colvard, Ltd. Company Profile

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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.

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