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

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

Charles & Colvard, Ltd. Price Performance

CTHR stock opened at $1.35 on Friday. Charles & Colvard, Ltd. has a one year low of $1.18 and a one year high of $4.90. The company’s fifty day moving average price is $1.57 and its 200-day moving average price is $1.88.

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.