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

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

Charles & Colvard, Ltd. Stock Performance

CTHR stock opened at $1.45 on Thursday. The company’s 50 day moving average price is $1.45 and its 200 day moving average price is $1.54. The firm has a market capitalization of $4.51 million, a price-to-earnings ratio of -0.24 and a beta of 1.42. Charles & Colvard, Ltd. has a fifty-two week low of $1.16 and a fifty-two week high of $4.40.

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.