LightInTheBox (NYSE:LITB) Shares Cross Below Two Hundred Day Moving Average of $1.04

LightInTheBox Holding Co., Ltd. (NYSE:LITB) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.04 and traded as low as $0.69. LightInTheBox shares last traded at $0.76, with a volume of 9,619 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on LightInTheBox in a research report on Friday. They set a “buy” rating for the company.

LightInTheBox Stock Up 3.6 %

The stock has a market cap of $80.62 million, a price-to-earnings ratio of -9.07 and a beta of 0.89. The business has a 50-day moving average of $0.81 and a 200-day moving average of $1.04.

LightInTheBox (NYSE:LITB) last released its quarterly earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $135.56 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.