StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a report issued on Thursday morning. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Price Performance
Shares of NYSE:LITB opened at $0.87 on Thursday. The company’s 50-day moving average price is $0.73 and its two-hundred day moving average price is $0.89. LightInTheBox has a one year low of $0.43 and a one year high of $1.50. The stock has a market capitalization of $96.72 million, a PE ratio of -10.88 and a beta of 0.87.
LightInTheBox (NYSE:LITB – Get Free Report) last issued its quarterly earnings results on Tuesday, May 28th. The technology company reported ($0.03) EPS for the quarter. The business had revenue of $71.17 million for 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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