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

Analysts at StockNews.com began coverage on shares of LightInTheBox (NYSE:LITBGet Free Report) in a research note issued on Wednesday. The firm set a “buy” rating on the technology company’s stock.

LightInTheBox Price Performance

Shares of NYSE:LITB opened at $2.81 on Wednesday. LightInTheBox has a 1 year low of $2.21 and a 1 year high of $8.16. The stock’s 50-day moving average is $1.26 and its 200 day moving average is $0.94. The company has a market cap of $312.38 million, a PE ratio of -35.13 and a beta of 0.94.

LightInTheBox (NYSE:LITBGet Free Report) last announced its earnings results on Friday, August 2nd. The technology company reported $0.01 EPS for the quarter. The business had revenue of $69.36 million for the quarter.

LightInTheBox Company Profile

(Get Free Report)

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.

Further Reading

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