Charles & Colvard, Ltd. (NASDAQ:CTHR) Research Coverage Started at StockNews.com

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

Charles & Colvard, Ltd. Price Performance

Shares of Charles & Colvard, Ltd. stock opened at $0.98 on Tuesday. The firm has a market cap of $3.06 million, a price-to-earnings ratio of -0.17 and a beta of 1.27. The stock’s 50-day moving average is $1.35 and its 200-day moving average is $1.44. Charles & Colvard, Ltd. has a one year low of $0.93 and a one year high of $3.90.

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.