Lightinthebox (NYSE:LITB) Share Price Crosses Below Two Hundred Day Moving Average of $1.29

Posted by on Dec 5th, 2019

Lightinthebox Holding Co Ltd-ADR (NYSE:LITB)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.29 and traded as low as $0.86. Lightinthebox shares last traded at $0.86, with a volume of 692 shares changing hands.

Separately, ValuEngine raised Lightinthebox from a “sell” rating to a “hold” rating in a report on Friday, October 25th.

The business has a fifty day simple moving average of $0.94 and a 200 day simple moving average of $1.29.

Lightinthebox (NYSE:LITB) last posted its quarterly earnings results on Monday, September 9th. The technology company reported ($0.11) EPS for the quarter. Lightinthebox had a negative net margin of 30.19% and a negative return on equity of 1,033.92%. The company had revenue of $58.14 million during the quarter.

About Lightinthebox (NYSE:LITB)

LightInTheBox Holding Co, Ltd., through its subsidiaries, operates as an online retail company worldwide. It provides apparel products, including customized, special occasion, and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products.

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