Charles & Colvard, Ltd. (NASDAQ:CTHR) Stock Crosses Below 200-Day Moving Average – Here’s Why

Charles & Colvard, Ltd. (NASDAQ:CTHRGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.31 and traded as low as $0.13. Charles & Colvard, Ltd. shares last traded at $0.13, with a volume of 130 shares.

Charles & Colvard, Ltd. Trading Down 35.0%

The business has a 50 day moving average price of $0.14 and a 200-day moving average price of $0.31. The firm has a market capitalization of $405,340.00, a PE ratio of -0.02 and a beta of 2.89.

About Charles & Colvard, Ltd.

(Get Free Report)

Charles & Colvard, Ltd. (NASDAQ: CTHR) is a North Carolina–based company that specializes in the design, development and commercialization of lab-created moissanite gemstones. As an innovator in the gemstone industry, Charles & Colvard manufactures and distributes branded moissanite under the Charles & Colvard® name and supplies its proprietary material to select jewelry designers, specialty retailers and online merchants. The company’s products are prized for their brilliance, hardness and ethical sourcing attributes, positioning moissanite as an alternative to mined diamonds in the fine jewelry segment.

Founded in 1995 and headquartered in Morrisville, North Carolina, Charles & Colvard was among the first to develop a reliable, scalable manufacturing process for synthetic moissanite.

Featured Articles

Receive News & Ratings for Charles & Colvard Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles & Colvard Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.