Charles & Colvard, Ltd. (NASDAQ:CTHR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHRFree Report) in a research note issued to investors on Tuesday morning. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Trading Down 2.0 %

Shares of NASDAQ CTHR opened at $1.69 on Tuesday. The stock has a 50-day moving average price of $1.70 and a two-hundred day moving average price of $2.28. Charles & Colvard, Ltd. has a 12 month low of $1.51 and a 12 month high of $6.45. The company has a market cap of $5.27 million, a price-to-earnings ratio of -0.29 and a beta of 1.43.

About Charles & Colvard, Ltd.

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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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