Charles & Colvard, Ltd. (NASDAQ:CTHR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research note released on Monday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

CTHR stock opened at $1.06 on Monday. Charles & Colvard, Ltd. has a 1 year low of $0.99 and a 1 year high of $4.00. The company has a market cap of $3.29 million, a P/E ratio of -0.18 and a beta of 1.27. The firm has a 50-day moving average of $1.41 and a 200 day moving average of $1.46.

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.