Equities research analysts at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Friday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Down 1.0 %
Shares of LightInTheBox stock opened at $2.70 on Friday. The company has a 50-day simple moving average of $2.95 and a two-hundred day simple moving average of $3.96. LightInTheBox has a twelve month low of $2.21 and a twelve month high of $8.16. The stock has a market capitalization of $300.15 million, a price-to-earnings ratio of -33.75 and a beta of 0.94.
LightInTheBox (NYSE:LITB – Get Free Report) last issued its quarterly earnings results on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $69.36 million for the quarter.
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.
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