LightInTheBox (NYSE:LITB) Earns Buy Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB) in a research note published on Monday. The brokerage issued a buy rating on the technology company’s stock.

LightInTheBox Stock Up 0.7 %

LightInTheBox stock opened at $2.14 on Monday. LightInTheBox has a twelve month low of $1.94 and a twelve month high of $8.04. The business has a fifty day moving average of $2.70 and a two-hundred day moving average of $3.67. The firm has a market cap of $39.26 million, a P/E ratio of -5.93 and a beta of 0.98.

LightInTheBox Company Profile

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.