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

StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHRFree Report) in a report issued on Thursday. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Down 1.7 %

Shares of NASDAQ:CTHR opened at $1.71 on Thursday. The stock has a market cap of $5.33 million, a PE ratio of -0.29 and a beta of 1.33. Charles & Colvard, Ltd. has a 12-month low of $1.53 and a 12-month high of $9.69. The business has a 50 day moving average of $2.51 and a 200-day moving average of $3.34.

Charles & Colvard, Ltd. (NASDAQ:CTHRGet Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported ($1.20) EPS for the quarter. Charles & Colvard, Ltd. had a negative net margin of 77.23% and a negative return on equity of 51.35%. The firm had revenue of $5.26 million during the quarter.

About Charles & Colvard, Ltd.

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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.

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