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LightInTheBox (NYSE:LITB) Coverage Initiated at StockNews.com

LightInTheBox logo with Computer and Technology background

Research analysts at StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITB - Get Free Report) in a research note issued on Saturday. The firm set a "buy" rating on the technology company's stock.

LightInTheBox Price Performance

Shares of LITB stock opened at $2.37 on Friday. The company's fifty day moving average price is $2.90 and its two-hundred day moving average price is $3.87. The firm has a market capitalization of $263.47 million, a P/E ratio of -29.63 and a beta of 0.94. LightInTheBox has a 12 month low of $2.21 and a 12 month high of $8.10.

LightInTheBox (NYSE:LITB - Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The technology company reported $0.06 EPS for the quarter. The business had revenue of $69.36 million during 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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