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

Analysts at StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating on the technology company’s stock.

LightInTheBox Price Performance

Shares of LightInTheBox stock opened at $2.15 on Monday. The firm has a market cap of $39.54 million, a PE ratio of -5.97 and a beta of 0.98. LightInTheBox has a 52 week low of $1.94 and a 52 week high of $8.04. The business’s fifty day simple moving average is $2.78 and its 200-day simple moving average is $3.69.

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.