Research analysts at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Friday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Performance
Shares of NYSE:LITB opened at $2.69 on Friday. LightInTheBox has a fifty-two week low of $2.21 and a fifty-two week high of $8.16. The firm has a market cap of $299.04 million, a price-to-earnings ratio of -33.63 and a beta of 0.94. The business has a 50-day simple moving average of $2.94 and a two-hundred day simple moving average of $3.94.
LightInTheBox (NYSE:LITB – Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The technology company reported $0.06 EPS for the quarter. The business had revenue of $69.36 million for the quarter.
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.
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