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

Research analysts at StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Up 1.4 %

Shares of NASDAQ CTHR opened at $1.01 on Wednesday. The company has a 50 day moving average of $1.30 and a 200 day moving average of $1.41. Charles & Colvard, Ltd. has a twelve month low of $0.93 and a twelve month high of $3.90. The firm has a market cap of $3.16 million, a P/E ratio of -0.17 and a beta of 1.27.

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.