Equities researchers at StockNews.com began coverage on shares of LightInTheBox (NYSE:LITB – Get Rating) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the technology company’s stock.
LightInTheBox Stock Performance
LITB opened at $1.26 on Wednesday. The firm has a market cap of $142.74 million, a P/E ratio of -2.57 and a beta of 0.42. The firm has a 50-day moving average of $1.36 and a 200 day moving average of $1.27. LightInTheBox has a fifty-two week low of $0.73 and a fifty-two week high of $1.88.
LightInTheBox (NYSE:LITB – Get Rating) last posted its quarterly earnings results on Monday, March 20th. The technology company reported ($0.03) earnings per share for the quarter. The company had revenue of $156.42 million for the quarter. LightInTheBox had a negative net margin of 11.23% and a negative return on equity of 28.91%.
Institutional Investors Weigh In On LightInTheBox
LightInTheBox Holding Co, Ltd. engages in the online retail sale and distribution of consumer products. It operates through the Product Sales; and Services and Others segments. The Product sales segment comprises of sales of products including apparel and other general merchandize through its websites and mobile applications and other supplemental online.
- Get a free copy of the StockNews.com research report on LightInTheBox (LITB)
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