Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated by Analysts at StockNews.com

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

Charles & Colvard, Ltd. Price Performance

Shares of Charles & Colvard, Ltd. stock opened at $1.37 on Friday. The firm has a market cap of $4.29 million, a price-to-earnings ratio of -0.23 and a beta of 1.42. Charles & Colvard, Ltd. has a 52-week low of $1.16 and a 52-week high of $4.30. The stock has a 50-day simple moving average of $1.47 and a 200-day simple moving average of $1.52.

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.