Investment analysts at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Saturday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Price Performance
Shares of NYSE:LITB opened at $0.91 on Friday. The firm has a fifty day moving average price of $0.75 and a two-hundred day moving average price of $0.87. LightInTheBox has a one year low of $0.43 and a one year high of $1.47. The company has a market cap of $100.61 million, a price-to-earnings ratio of -11.31 and a beta of 0.87.
LightInTheBox (NYSE:LITB – Get Free Report) last announced its quarterly earnings results on Tuesday, May 28th. The technology company reported ($0.03) EPS for the quarter. The business had revenue of $71.17 million for the quarter.
About LightInTheBox
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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