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

Equities research analysts at StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

Charles & Colvard, Ltd. stock opened at $0.97 on Tuesday. The firm has a 50-day moving average of $1.36 and a 200-day moving average of $1.44. Charles & Colvard, Ltd. has a one year low of $0.93 and a one year high of $3.90. The company has a market cap of $3.01 million, a price-to-earnings ratio of -0.16 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.