Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by StockNews.com

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

Charles & Colvard, Ltd. Trading Up 0.8 %

Charles & Colvard, Ltd. stock opened at $1.21 on Friday. Charles & Colvard, Ltd. has a 12 month low of $1.18 and a 12 month high of $4.90. The stock has a fifty day simple moving average of $1.59 and a two-hundred day simple moving average of $1.98. The firm has a market cap of $3.77 million, a price-to-earnings ratio of -0.21 and a beta of 1.47.

About Charles & Colvard, Ltd.

Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company operates in two segments, Online Channels and Traditional. It manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name.