StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a research report report published on Wednesday morning. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Trading Down 9.9 %
Shares of LITB opened at $2.72 on Wednesday. LightInTheBox has a twelve month low of $2.21 and a twelve month high of $8.16. The company has a market cap of $302.38 million, a P/E ratio of -34.00 and a beta of 0.94. The company’s fifty day simple moving average is $1.39 and its 200-day simple moving average is $0.98.
LightInTheBox (NYSE:LITB – Get Free Report) last announced its earnings results on Friday, August 2nd. The technology company reported $0.01 earnings per share for the quarter. The firm had revenue of $69.36 million during 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.
Further Reading
- Five stocks we like better than LightInTheBox
- What Do S&P 500 Stocks Tell Investors About the Market?
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- What Are Dividend Challengers?
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- Conference Calls and Individual Investors
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for LightInTheBox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightInTheBox and related companies with MarketBeat.com's FREE daily email newsletter.
