StockNews.com Initiates Coverage on LightInTheBox (NYSE:LITB)

StockNews.com began coverage on shares of LightInTheBox (NYSE:LITBFree Report) in a research report report published on Tuesday morning. The firm issued a buy rating on the technology company’s stock.

LightInTheBox Price Performance

Shares of LightInTheBox stock opened at $0.71 on Tuesday. The company has a market capitalization of $78.51 million, a PE ratio of -8.83 and a beta of 0.95. LightInTheBox has a 1-year low of $0.43 and a 1-year high of $1.47. The business has a 50-day moving average of $0.77 and a 200-day moving average of $0.83.

LightInTheBox (NYSE:LITBGet Free Report) last posted its quarterly earnings results on Tuesday, May 28th. The technology company reported ($0.03) EPS for the quarter. The company had revenue of $71.17 million during the quarter.

LightInTheBox Company Profile

(Get Free Report)

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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