LightInTheBox (NYSE:LITB) Issues Quarterly Earnings Results

LightInTheBox (NYSE:LITB) released its quarterly earnings results on Wednesday. The technology company reported $0.15 EPS for the quarter, Zacks reports. The company had revenue of $55.46 million during the quarter. LightInTheBox had a negative return on equity of 23.58% and a net margin of 1.29%.

LightInTheBox Price Performance

NYSE:LITB traded down $0.10 during trading hours on Thursday, reaching $2.55. The company had a trading volume of 4,593 shares, compared to its average volume of 31,852. The firm has a market cap of $46.80 million, a PE ratio of 17.07 and a beta of -0.01. LightInTheBox has a 1-year low of $0.91 and a 1-year high of $4.17. The business’s 50 day moving average price is $2.42 and its 200-day moving average price is $1.66.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of LightInTheBox in a research note on Tuesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, LightInTheBox presently has an average rating of “Sell”.

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.