LightInTheBox (NYSE:LITB – Get Free Report) released its quarterly earnings results on Friday. The technology company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $69.36 million during the quarter.
LightInTheBox Trading Down 4.6 %
NYSE:LITB opened at $0.55 on Friday. The company’s 50 day moving average is $0.76 and its two-hundred day moving average is $0.81. The company has a market cap of $61.17 million, a PE ratio of -6.88 and a beta of 0.95. LightInTheBox has a twelve month low of $0.43 and a twelve month high of $1.47.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on LightInTheBox in a research note on Wednesday. They set a “buy” rating on the stock.
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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