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

Investment analysts at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHRGet Free Report) in a report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Up 1.9 %

Shares of NASDAQ:CTHR opened at $1.64 on Wednesday. Charles & Colvard, Ltd. has a 52 week low of $1.51 and a 52 week high of $6.00. The stock has a market capitalization of $5.11 million, a P/E ratio of -0.27 and a beta of 1.42. The firm has a fifty day simple moving average of $1.68 and a two-hundred day simple moving average of $2.22.

About Charles & Colvard, Ltd.

(Get Free Report)

Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company operates in two segments, Online Channels and Traditional. It manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name.

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