Equities researchers at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research report issued on Saturday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Trading Up 3.7 %
Shares of NYSE:LITB opened at $0.91 on Friday. The firm has a market cap of $100.61 million, a price-to-earnings ratio of -11.31 and a beta of 0.87. The stock’s 50-day moving average price is $0.75 and its two-hundred day moving average price is $0.87. LightInTheBox has a 12-month low of $0.43 and a 12-month high of $1.47.
LightInTheBox (NYSE:LITB – Get Free Report) last released its earnings results on Tuesday, May 28th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The company 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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