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

Equities research analysts at StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research note issued on Wednesday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of Charles & Colvard, Ltd. stock opened at $1.67 on Wednesday. Charles & Colvard, Ltd. has a 1 year low of $1.16 and a 1 year high of $4.40. The firm’s 50-day simple moving average is $1.42 and its 200-day simple moving average is $1.56. The firm has a market cap of $5.19 million, a PE ratio of -0.28 and a beta of 1.41.

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.