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 report report published on Wednesday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Down 5.3 %

CTHR stock opened at $1.44 on Wednesday. Charles & Colvard, Ltd. has a 52 week low of $1.16 and a 52 week high of $4.40. The firm has a market capitalization of $4.49 million, a P/E ratio of -0.24 and a beta of 1.41. The company has a fifty day simple moving average of $1.44 and a two-hundred day simple moving average of $1.56.

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.