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

StockNews.com started coverage on shares of LightInTheBox (NYSE:LITBFree Report) in a research report released on Wednesday. The firm issued a buy rating on the technology company’s stock.

LightInTheBox Trading Up 2.5 %

NYSE:LITB opened at $2.88 on Wednesday. The company has a 50 day simple moving average of $1.30 and a two-hundred day simple moving average of $0.95. The company has a market cap of $320.16 million, a PE ratio of -36.00 and a beta of 0.94. LightInTheBox has a 12 month low of $2.21 and a 12 month high of $8.16.

LightInTheBox (NYSE:LITBGet Free Report) last posted its quarterly earnings data on Friday, August 2nd. The technology company reported $0.01 EPS for the quarter. The firm had revenue of $69.36 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.

Featured Articles

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.