StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR – Free Report) in a research note released on Thursday morning. The brokerage issued a hold rating on the stock.
Charles & Colvard, Ltd. Price Performance
Shares of NASDAQ CTHR opened at $1.71 on Thursday. The firm has a market capitalization of $5.33 million, a PE ratio of -0.29 and a beta of 1.33. Charles & Colvard, Ltd. has a 1-year low of $1.53 and a 1-year high of $9.69. The business’s fifty day moving average price is $2.51 and its two-hundred day moving average price is $3.34.
Charles & Colvard, Ltd. (NASDAQ:CTHR – Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($1.20) earnings per share for the quarter. The firm had revenue of $5.26 million during the quarter. Charles & Colvard, Ltd. had a negative return on equity of 51.35% and a negative net margin of 77.23%.
About Charles & Colvard, Ltd.
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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