StockNews.com began coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a report published on Tuesday morning. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Price Performance
Shares of LightInTheBox stock opened at $3.14 on Tuesday. LightInTheBox has a one year low of $2.21 and a one year high of $8.16. The stock has a market capitalization of $349.07 million, a P/E ratio of -39.25 and a beta of 0.94. The business’s 50 day simple moving average is $3.40 and its two-hundred day simple moving average is $4.18.
LightInTheBox (NYSE:LITB – Get Free Report) last posted its earnings results on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $69.36 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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