LightInTheBox (NYSE:LITB) Shares Pass Below Two Hundred Day Moving Average of $0.87

Shares of LightInTheBox Holding Co., Ltd. (NYSE:LITB) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.87 and traded as low as $0.85. LightInTheBox shares last traded at $0.91, with a volume of 192,390 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on LightInTheBox in a research report on Saturday. They set a “buy” rating for the company.

LightInTheBox Price Performance

The company has a market capitalization of $100.61 million, a P/E ratio of -11.31 and a beta of 0.87. The stock has a 50-day moving average price of $0.75 and a 200-day moving average price of $0.87.

LightInTheBox (NYSE:LITB) last issued its quarterly earnings data on Tuesday, May 28th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $71.17 million during the quarter.

About LightInTheBox

LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.