Charles & Colvard, Ltd. (NASDAQ:CTHR) Shares Cross Below 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

Charles & Colvard, Ltd. (NASDAQ:CTHR – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.63 and traded as low as $1.37. Charles & Colvard, Ltd. shares last traded at $1.37, with a volume of 14,702 shares traded.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on Charles & Colvard, Ltd.

Charles & Colvard, Ltd. Price Performance

The stock has a market cap of $4.52 million, a P/E ratio of -0.25 and a beta of 1.44. The company has a fifty day moving average of $1.35 and a 200 day moving average of $1.63.

Charles & Colvard, Ltd. Company Profile

(Get Free Report)

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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