Charles & Colvard, Ltd. (NASDAQ:CTHR) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.18 and traded as low as $0.30. Charles & Colvard, Ltd. shares last traded at $0.30, with a volume of 318 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Charles & Colvard, Ltd. in a research report on Tuesday. They set a “hold” rating on the stock.

Charles & Colvard, Ltd. Price Performance

The firm has a market capitalization of $935,400.00, a P/E ratio of -0.05 and a beta of 1.49. The stock’s 50 day moving average is $0.79 and its two-hundred day moving average is $1.18.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.