StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a research note published on Monday. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Price Performance
LightInTheBox stock opened at $0.67 on Monday. The stock has a market cap of $74.60 million, a price-to-earnings ratio of -8.39 and a beta of 0.90. LightInTheBox has a 1 year low of $0.60 and a 1 year high of $1.70. The firm has a 50-day moving average of $0.74 and a two-hundred day moving average of $0.96.
LightInTheBox (NYSE:LITB – Get Free Report) last released its quarterly earnings data on Monday, March 25th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $135.56 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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