LightInTheBox (NYSE:LITB) Now Covered by StockNews.com

StockNews.com began coverage on shares of LightInTheBox (NYSE:LITB) in a research report sent to investors on Sunday. The firm issued a buy rating on the technology company’s stock.

LightInTheBox Trading Up 0.5 %

NYSE:LITB opened at $1.07 on Friday. The company has a market capitalization of $19.58 million, a P/E ratio of -3.04 and a beta of 0.92. LightInTheBox has a 12 month low of $0.91 and a 12 month high of $6.07. The business’s 50-day moving average is $1.36 and its 200 day moving average is $2.14.

LightInTheBox (NYSE:LITB) last posted its earnings results on Tuesday, December 10th. The technology company reported $0.01 EPS for the quarter.

Institutional Investors Weigh In On LightInTheBox

An institutional investor recently bought a new position in LightInTheBox stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of LightInTheBox Holding Co., Ltd. (NYSE:LITB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,663 shares of the technology company’s stock, valued at approximately $34,000. Garden State Investment Advisory Services LLC owned 0.06% of LightInTheBox at the end of the most recent reporting period. 56.77% of the stock is owned by hedge funds and other institutional investors.

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.