LightInTheBox (NYSE:LITB) Stock Price Passes Below Two Hundred Day Moving Average of $0.87

LightInTheBox Holding Co., Ltd. (NYSE:LITB) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.87 and traded as low as $0.85. LightInTheBox shares last traded at $0.91, with a volume of 192,390 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of LightInTheBox in a research note on Saturday. They set a “buy” rating on the stock.

LightInTheBox Price Performance

The stock’s 50 day simple moving average is $0.75 and its two-hundred day simple moving average is $0.87. The stock 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) last issued its earnings results on Tuesday, May 28th. The technology company reported ($0.03) EPS for the quarter. The firm 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.