StockNews.com began coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a research report sent to investors on Saturday. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Stock Up 3.8 %
LightInTheBox stock opened at $2.46 on Friday. LightInTheBox has a twelve month low of $2.21 and a twelve month high of $8.04. The company has a 50 day moving average of $2.90 and a 200-day moving average of $3.87. The stock has a market capitalization of $273.47 million, a PE ratio of -29.00 and a beta of 0.94.
LightInTheBox (NYSE:LITB – Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $69.36 million during 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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