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LightInTheBox (NYSE:LITB) Stock Price Passes Below Two Hundred Day Moving Average of $0.76

LightInTheBox logo with Computer and Technology background

LightInTheBox Holding Co., Ltd. (NYSE:LITB - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.76 and traded as low as $0.47. LightInTheBox shares last traded at $0.48, with a volume of 33,693 shares.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of LightInTheBox in a research note on Saturday. They set a "buy" rating for the company.

Get Our Latest Report on LightInTheBox

LightInTheBox Stock Down 6.9 %

The company has a market capitalization of $50.65 million, a price-to-earnings ratio of -5.70 and a beta of 0.95. The business's 50-day moving average is $0.69 and its 200-day moving average is $0.75.

LightInTheBox (NYSE:LITB - Get Free Report) last posted its earnings results on Friday, August 2nd. The technology company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $69.36 million for the quarter.

About LightInTheBox

(Get Free Report)

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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