Charles & Colvard, Ltd. (NASDAQ:CTHR) Receives New Coverage from Analysts at StockNews.com

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

Charles & Colvard, Ltd. Price Performance

CTHR opened at $1.52 on Friday. Charles & Colvard, Ltd. has a fifty-two week low of $1.51 and a fifty-two week high of $8.60. The firm’s fifty day moving average price is $1.75 and its two-hundred day moving average price is $2.59. The company has a market capitalization of $4.74 million, a P/E ratio of -0.26 and a beta of 1.45.

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.