StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a report issued on Saturday morning. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Stock Performance
LITB stock opened at $0.75 on Friday. The firm has a market cap of $83.38 million, a PE ratio of -9.38 and a beta of 0.90. The firm’s 50 day moving average price is $0.77 and its 200-day moving average price is $1.00. LightInTheBox has a one year low of $0.64 and a one year high of $1.70.
LightInTheBox (NYSE:LITB – Get Free Report) last posted its earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share for the quarter. The company had revenue of $135.56 million for 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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