Analysts at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a note issued to investors on Saturday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Performance
NYSE LITB opened at $2.37 on Friday. LightInTheBox has a twelve month low of $2.21 and a twelve month high of $8.10. The stock has a market capitalization of $263.47 million, a PE ratio of -29.63 and a beta of 0.94. The stock has a 50-day simple moving average of $2.90 and a 200 day simple moving average of $3.87.
LightInTheBox (NYSE:LITB – Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The technology company reported $0.06 earnings per share for the quarter. The business had revenue of $69.36 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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