LightInTheBox (NYSE:LITB) Now Covered by StockNews.com

Equities researchers at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB) in a report issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.

LightInTheBox Trading Down 3.7 %

Shares of LightInTheBox stock opened at $2.06 on Tuesday. The stock has a fifty day simple moving average of $2.63 and a 200 day simple moving average of $3.61. LightInTheBox has a 12-month low of $1.94 and a 12-month high of $7.98. The company has a market capitalization of $37.88 million, a P/E ratio of -5.72 and a beta of 0.98.

LightInTheBox Company Profile

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.