Charles & Colvard, Ltd. (NASDAQ:CTHR) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR – Free Report) in a research note published on Sunday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Trading Up 6.7 %

Shares of NASDAQ CTHR opened at $1.91 on Friday. Charles & Colvard, Ltd. has a 52 week low of $1.51 and a 52 week high of $7.91. The stock has a market cap of $5.96 million, a price-to-earnings ratio of -0.32 and a beta of 1.43. The company’s 50-day moving average price is $1.75 and its 200 day moving average price is $2.42.

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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