Investment analysts at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a note issued to investors on Thursday. The firm set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Down 4.0 %
Shares of LITB stock opened at $2.40 on Thursday. The firm has a 50 day moving average price of $1.55 and a two-hundred day moving average price of $1.03. The company has a market capitalization of $266.80 million, a PE ratio of -30.00 and a beta of 0.94. LightInTheBox has a 12-month low of $2.21 and a 12-month high of $8.16.
LightInTheBox (NYSE:LITB – Get Free Report) last issued its quarterly earnings data on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $69.36 million for 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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