Equities researchers at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a report released on Sunday. The firm set a “buy” rating on the technology company’s stock.
LightInTheBox Trading Down 6.3 %
Shares of LITB opened at $1.79 on Friday. LightInTheBox has a 12 month low of $0.91 and a 12 month high of $6.00. The business’s fifty day simple moving average is $1.30 and its two-hundred day simple moving average is $1.69. The company has a market cap of $32.92 million, a price-to-earnings ratio of -5.12 and a beta of 0.27.
LightInTheBox (NYSE:LITB – Get Free Report) last released its quarterly earnings data on Tuesday, March 25th. The technology company reported $0.02 EPS for the quarter. The business had revenue of $57.75 million for the quarter.
Institutional Investors Weigh In On LightInTheBox
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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