StockNews.com Begins Coverage on LightInTheBox (NYSE:LITB)

Research analysts at StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITBGet Free Report) in a research note issued on Friday. The firm set a “buy” rating on the technology company’s stock.

LightInTheBox Trading Up 5.3 %

Shares of NYSE LITB opened at $0.76 on Friday. LightInTheBox has a 12 month low of $0.64 and a 12 month high of $1.70. The company has a 50 day simple moving average of $0.81 and a two-hundred day simple moving average of $1.04. The stock has a market cap of $84.49 million, a price-to-earnings ratio of -9.50 and a beta of 0.89.

LightInTheBox (NYSE:LITBGet Free Report) last announced its quarterly earnings data on Monday, March 25th. The technology company reported ($0.04) EPS for the quarter. The business had revenue of $135.56 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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