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

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

Charles & Colvard, Ltd. Stock Performance

CTHR opened at $0.90 on Thursday. The firm has a market cap of $2.82 million, a P/E ratio of -0.15 and a beta of 1.27. The business has a 50 day moving average price of $1.22 and a 200 day moving average price of $1.38. Charles & Colvard, Ltd. has a twelve month low of $0.92 and a twelve month high of $3.90.

About Charles & Colvard, Ltd.

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.