Headlines about Charles & Colvard, Ltd. (NASDAQ:CTHR) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Charles & Colvard, Ltd. earned a news impact score of 0.04 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.8861596224247 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
CTHR traded down $0.01 during trading on Tuesday, reaching $1.02. The stock had a trading volume of 12,300 shares, compared to its average volume of 66,165. Charles & Colvard, Ltd. has a 1-year low of $0.80 and a 1-year high of $1.60.
Separately, TheStreet downgraded Charles & Colvard, Ltd. from a “c” rating to a “d+” rating in a research report on Monday, July 2nd.
Charles & Colvard, Ltd. manufactures, markets, and distributes moissanite jewels and finished jewelry featuring moissanite worldwide. The company offers near-colorless moissanite jewels cut in various shapes, including round, square brilliant, princess, cushion, radiant, pear, marquise, heart, and oval in sizes ranging from approximately 1.3 to 12 millimeters.
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