Charles & Colvard Ltd. (NASDAQ:CTHR) traded at a new 52-week high today of $3.75. Approximately 23.3 million shares have changed hands today, as compared to an average 30-day volume of 69,000 shares.
Charles & Colvard Ltd. (NASDAQ:CTHR) has potential upside of 15.8% based on a current price of $1.56 and analysts' consensus price target of $1.81.
Charles & Colvard Ltd manufactures, markets and distributes finished jewellery which also includes moissanite gemstone and lab grown diamonds in the jewellery market. The company sells jewels through two operating segments namely Online Channels segment and Traditional segment.
In the past 52 weeks, shares of Charles & Colvard Ltd. have traded between the current low of $0.60 and a high of $3.66 and is now at $1.56.
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