Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by StockNews.com

StockNews.com started coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report sent to investors on Tuesday morning. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Price Performance

CTHR traded up $0.15 during trading hours on Tuesday, reaching $1.75. 10,572 shares of the stock traded hands, compared to its average volume of 16,411. Charles & Colvard, Ltd. has a fifty-two week low of $1.53 and a fifty-two week high of $9.00. The company has a market cap of $5.46 million, a price-to-earnings ratio of -0.30 and a beta of 1.45. The firm’s fifty day simple moving average is $1.86 and its two-hundred day simple moving average is $2.87.

Charles & Colvard, Ltd. Company Profile

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.