Investment analysts at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Friday. The firm set a “buy” rating on the technology company’s stock.
LightInTheBox Trading Up 3.6 %
LITB stock opened at $0.73 on Friday. The firm has a market capitalization of $80.62 million, a PE ratio of -9.07 and a beta of 0.89. LightInTheBox has a 1-year low of $0.64 and a 1-year high of $1.70. The business’s 50 day simple moving average is $0.80 and its 200 day simple moving average is $1.03.
LightInTheBox (NYSE:LITB – Get Free Report) last posted its earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share for the quarter. The company had revenue of $135.56 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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