StockNews.com began coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a research report released on Saturday. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Stock Performance
Shares of NYSE LITB opened at $0.89 on Friday. LightInTheBox has a 52-week low of $0.43 and a 52-week high of $1.47. The firm has a 50 day moving average price of $0.75 and a two-hundred day moving average price of $0.86. The stock has a market cap of $98.41 million, a P/E ratio of -11.07 and a beta of 0.95.
LightInTheBox (NYSE:LITB – Get Free Report) last announced its quarterly earnings data on Tuesday, May 28th. The technology company reported ($0.03) EPS for the quarter. The firm had revenue of $71.17 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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