StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR – Free Report) in a research note issued to investors on Thursday. The brokerage issued a hold rating on the stock.
Charles & Colvard, Ltd. Price Performance
Shares of Charles & Colvard, Ltd. stock opened at $1.71 on Thursday. The company has a market cap of $5.34 million, a PE ratio of -0.29 and a beta of 1.33. The firm has a fifty day moving average price of $2.51 and a two-hundred day moving average price of $3.34. Charles & Colvard, Ltd. has a fifty-two week low of $1.53 and a fifty-two week high of $9.69.
Charles & Colvard, Ltd. (NASDAQ:CTHR – Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported ($1.20) earnings per share for the quarter. Charles & Colvard, Ltd. had a negative net margin of 77.23% and a negative return on equity of 51.35%. The company had revenue of $5.26 million during the quarter.
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.
See Also
- Five stocks we like better than Charles & Colvard, Ltd.
- When to Sell a Stock for Profit or Loss
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- Why Invest in 5G? How to Invest in 5G Stocks
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- What is the Shanghai Stock Exchange Composite Index?
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for Charles & Colvard Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles & Colvard Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.
