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

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

Charles & Colvard, Ltd. Trading Up 4.0 %

Shares of CTHR opened at $1.45 on Friday. Charles & Colvard, Ltd. has a twelve month low of $1.16 and a twelve month high of $4.30. The firm’s fifty day simple moving average is $1.47 and its 200-day simple moving average is $1.50. The firm has a market capitalization of $4.51 million, a price-to-earnings ratio of -0.25 and a beta of 1.42.

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.