StockNews.com began coverage on shares of LightInTheBox (NYSE:LITB - Get Free Report) in a note issued to investors on Saturday. The brokerage set a "buy" rating on the technology company's stock.
LightInTheBox Price Performance
LITB traded down $0.03 during trading on Friday, hitting $0.46. 33,717 shares of the stock traded hands, compared to its average volume of 95,446. The firm has a 50-day moving average of $0.69 and a 200 day moving average of $0.75. LightInTheBox has a 12-month low of $0.40 and a 12-month high of $1.47. The firm has a market capitalization of $50.65 million, a P/E ratio of -5.70 and a beta of 0.95.
LightInTheBox (NYSE:LITB - Get Free Report) last announced its quarterly 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.
LightInTheBox Company Profile
(
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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