Charles & Colvard, Ltd. (NASDAQ:CTHR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report report published on Wednesday morning. The firm issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

Shares of NASDAQ:CTHR opened at $1.00 on Wednesday. The firm’s 50 day simple moving average is $1.29 and its 200 day simple moving average is $1.41. Charles & Colvard, Ltd. has a fifty-two week low of $0.93 and a fifty-two week high of $3.90. The company has a market capitalization of $3.12 million, a price-to-earnings 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.