Research analysts at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research report issued to clients and investors on Saturday. The firm set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Up 4.1 %
Shares of LITB stock opened at $0.73 on Friday. LightInTheBox has a 52-week low of $0.64 and a 52-week high of $1.70. The stock’s 50-day moving average price is $0.78 and its 200 day moving average price is $1.02. The stock has a market capitalization of $81.15 million, a PE ratio of -9.13 and a beta of 0.90.
LightInTheBox (NYSE:LITB – Get Free Report) last released its quarterly earnings results on Monday, March 25th. The technology company reported ($0.04) EPS for the quarter. The firm had revenue of $135.56 million during 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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