Equities researchers at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the technology company’s stock.
LightInTheBox Trading Down 4.0 %
Shares of LITB opened at $2.40 on Thursday. LightInTheBox has a 12 month low of $2.21 and a 12 month high of $8.16. The firm’s 50 day moving average is $1.55 and its 200-day moving average is $1.03. The stock has a market capitalization of $266.80 million, a PE ratio of -30.00 and a beta of 0.94.
LightInTheBox (NYSE:LITB – Get Free Report) last announced its quarterly earnings data on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $69.36 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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