StockNews.com Begins Coverage on Charles & Colvard, Ltd. (NASDAQ:CTHR)

StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report published on Tuesday morning. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of CTHR opened at $1.67 on Tuesday. Charles & Colvard, Ltd. has a 1-year low of $1.51 and a 1-year high of $6.45. The company has a market capitalization of $5.21 million, a P/E ratio of -0.28 and a beta of 1.42. The firm’s 50 day simple moving average is $1.70 and its 200 day simple moving average is $2.28.

Charles & Colvard, Ltd. Company Profile

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.