Investment analysts at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a report released on Saturday. The firm set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Up 5.6 %
Shares of LightInTheBox stock opened at $0.74 on Friday. The business has a 50-day moving average price of $0.78 and a 200 day moving average price of $1.01. LightInTheBox has a fifty-two week low of $0.64 and a fifty-two week high of $1.70. The firm has a market cap of $82.27 million, a P/E ratio of -9.25 and a beta of 0.90.
LightInTheBox (NYSE:LITB – Get Free Report) last announced its quarterly earnings data on Monday, March 25th. The technology company reported ($0.04) earnings per share (EPS) 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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