StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a report issued on Tuesday morning. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Trading Down 4.5 %
Shares of LITB opened at $3.00 on Tuesday. LightInTheBox has a 12 month low of $2.21 and a 12 month high of $8.16. The stock has a fifty day moving average price of $3.37 and a 200-day moving average price of $4.17. The firm has a market cap of $333.50 million, a PE ratio of -37.50 and a beta of 0.94.
LightInTheBox (NYSE:LITB – Get Free Report) last issued its quarterly earnings results on Friday, August 2nd. The technology company reported $0.06 earnings per share for the quarter. The business 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.
Read More
- Five stocks we like better than LightInTheBox
- What Does Downgrade Mean in Investing?
- Analysts Predict 85% Upside for Wave Life Sciences After Rate Cut
- 3 REITs to Buy and Hold for the Long Term
- FedEx Stock Dips: Another Reason to Fear Recession Is Near
- Investing in Commodities: What Are They? How to Invest in Them
- The Half-Penny Revolution: Will SEC’s Reform Benefit Investors?
Receive News & Ratings for LightInTheBox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightInTheBox and related companies with MarketBeat.com's FREE daily email newsletter.
