Somewhat Positive Media Coverage Somewhat Unlikely to Impact LightInTheBox Holding Co. (LITB) Stock Price
News stories about LightInTheBox Holding Co. (NYSE:LITB) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LightInTheBox Holding Co. earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.3773469258875 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
LITB has been the subject of several analyst reports. ValuEngine cut LightInTheBox Holding Co. from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Zacks Investment Research cut LightInTheBox Holding Co. from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st.
LightInTheBox Holding Co. (LITB) opened at 2.65 on Wednesday. The stock’s 50 day moving average price is $2.76 and its 200 day moving average price is $2.72. The firm’s market capitalization is $182.32 million. LightInTheBox Holding Co. has a 52-week low of $2.10 and a 52-week high of $3.20.
LightInTheBox Holding Co. (NYSE:LITB) last released its quarterly earnings data on Thursday, June 15th. The technology company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). LightInTheBox Holding Co. had a negative return on equity of 9.62% and a negative net margin of 3.01%. The company had revenue of $72.70 million for the quarter, compared to analyst estimates of $70.86 million. Analysts expect that LightInTheBox Holding Co. will post $0.01 earnings per share for the current year.
LightInTheBox Holding Co. Company Profile
LightInTheBox Holding Co, Ltd. (LightInTheBox) is an online retail company that delivers products directly to consumers around the world. The Company offers a range of products through www.lightinthebox.com, www.miniinthebox.com and its other Websites, as well as mobile applications, which are available in approximately 30 languages.
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