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

Investment analysts at StockNews.com assumed coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Up 34.7 %

CTHR stock opened at $1.59 on Thursday. The firm has a market capitalization of $4.96 million, a PE ratio of -0.27 and a beta of 1.44. Charles & Colvard, Ltd. has a twelve month low of $1.16 and a twelve month high of $4.90. The stock’s 50 day moving average is $1.37 and its 200-day moving average is $1.66.

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.