StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a report released on Wednesday. The firm issued a buy rating on the technology company’s stock.
LightInTheBox Trading Down 1.0 %
NYSE:LITB opened at $2.99 on Wednesday. The firm has a market capitalization of $332.39 million, a PE ratio of -37.38 and a beta of 0.94. LightInTheBox has a 1 year low of $2.21 and a 1 year high of $8.16. The firm’s fifty day simple moving average is $1.39 and its 200 day simple moving average is $0.98.
LightInTheBox (NYSE:LITB – Get Free Report) last issued its quarterly earnings results on Friday, August 2nd. The technology company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $69.36 million during the quarter.
About LightInTheBox
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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