LightInTheBox (NYSE:LITB) Now Covered by StockNews.com

Equities research analysts at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB) in a research report issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.

LightInTheBox Price Performance

LightInTheBox stock opened at $2.08 on Tuesday. The firm has a 50 day simple moving average of $2.64 and a 200-day simple moving average of $3.59. The stock has a market capitalization of $38.25 million, a PE ratio of -5.78 and a beta of 0.98. LightInTheBox has a 12-month low of $1.85 and a 12-month high of $7.98.

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.