LightInTheBox (NYSE:LITB) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITB) in a research note issued on Tuesday. The firm set a “buy” rating on the technology company’s stock.

LightInTheBox Stock Up 4.0 %

LITB opened at $2.08 on Tuesday. The firm has a market cap of $38.25 million, a price-to-earnings ratio of -5.78 and a beta of 0.98. LightInTheBox has a fifty-two week low of $1.85 and a fifty-two week high of $7.98. The company’s 50-day moving average price is $2.64 and its 200 day moving average price is $3.59.

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.