Shares of LightInTheBox Holding Co., Ltd. (NYSE:LITB - Free Report) are going to reverse split on Thursday, September 5th. The 1-6 reverse split was announced on Tuesday, August 27th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, September 4th.
LightInTheBox Trading Up 5.0 %
Shares of LightInTheBox stock traded up $0.03 during trading on Wednesday, reaching $0.70. The company's stock had a trading volume of 196,627 shares, compared to its average volume of 103,422. The company has a 50-day moving average price of $0.67 and a two-hundred day moving average price of $0.74. The firm has a market cap of $77.82 million, a PE ratio of -8.75 and a beta of 0.95. LightInTheBox has a fifty-two week low of $0.40 and a fifty-two week high of $1.47.
LightInTheBox (NYSE:LITB - Get Free Report) last announced its earnings results on Friday, August 2nd. The technology company reported $0.01 EPS for the quarter. The business had revenue of $69.36 million during the quarter.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of LightInTheBox in a research note on Saturday. They issued a "buy" rating on the stock.
Check Out Our Latest Stock Report on LightInTheBox
About LightInTheBox
(
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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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