LightInTheBox Holding Co., Ltd. (NYSE:LITB – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.13 and traded as high as $3.13. LightInTheBox shares last traded at $3.10, with a volume of 1,878 shares traded.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of LightInTheBox in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, LightInTheBox currently has an average rating of “Sell”.
Get Our Latest Stock Report on LITB
LightInTheBox Stock Down 2.5%
Institutional Trading of LightInTheBox
A hedge fund recently bought a new stake in LightInTheBox stock. SmartHarvest Portfolios LLC bought a new position in LightInTheBox Holding Co., Ltd. (NYSE:LITB – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 19,497 shares of the technology company’s stock, valued at approximately $44,000. SmartHarvest Portfolios LLC owned 0.11% of LightInTheBox at the end of the most recent reporting period. Institutional investors own 56.77% of the company’s stock.
LightInTheBox Company Profile
LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.
Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.
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