StockNews.com Initiates Coverage on Charles & Colvard, Ltd. (NASDAQ:CTHR)

StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research note issued to investors on Thursday morning. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Trading Down 2.3 %

Shares of Charles & Colvard, Ltd. stock opened at $1.70 on Thursday. The stock has a 50 day moving average price of $1.37 and a 200-day moving average price of $1.66. Charles & Colvard, Ltd. has a one year low of $1.16 and a one year high of $4.90.

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.