Research analysts at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research report issued to clients and investors on Saturday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Performance
Shares of LightInTheBox stock opened at $0.73 on Friday. The firm has a market cap of $81.15 million, a PE ratio of -9.13 and a beta of 0.90. LightInTheBox has a 1 year low of $0.64 and a 1 year high of $1.70. The firm’s 50-day simple moving average is $0.78 and its 200-day simple moving average is $1.02.
LightInTheBox (NYSE:LITB – Get Free Report) last released 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.
About LightInTheBox
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.
See Also
- Five stocks we like better than LightInTheBox
- The Role Economic Reports Play in a Successful Investment Strategy
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Are Penny Stocks a Good Fit for Your Portfolio?
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- DraftKings Q1: Strong Customer Acquisition and Product Innovation
Receive News & Ratings for LightInTheBox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightInTheBox and related companies with MarketBeat.com's FREE daily email newsletter.
