StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a research note released on Monday. The firm issued a buy rating on the technology company’s stock.
LightInTheBox Price Performance
Shares of NYSE:LITB opened at $4.01 on Monday. The stock has a market capitalization of $445.78 million, a P/E ratio of -50.13 and a beta of 0.94. The business has a 50-day moving average of $3.55 and a two-hundred day moving average of $4.24. LightInTheBox has a fifty-two week low of $2.21 and a fifty-two week high of $8.64.
LightInTheBox (NYSE:LITB – Get Free Report) last announced its earnings results on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $69.36 million for the quarter.
About LightInTheBox
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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