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

StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report sent to investors on Wednesday morning. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of CTHR stock opened at $1.44 on Wednesday. The stock has a 50 day moving average price of $1.44 and a 200 day moving average price of $1.56. The firm has a market capitalization of $4.49 million, a P/E ratio of -0.24 and a beta of 1.41. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-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.